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flag Indian rupee hits strongest one-day gain in over two years, boosted by a weaker US dollar.

flag The Indian rupee saw its strongest single-day gain in over two years, rising 0.9% against the US dollar to 85.2125, fueled by a weaker US dollar and concerns over US fiscal health. flag Domestic equity markets also performed well, with the BSE Sensex and NSE Nifty closing up 0.95% and 0.99% respectively. flag The rupee's recovery was aided by strong domestic equities and the central bank's efforts to attract foreign investment. flag However, rising crude oil prices and foreign fund outflows could limit further gains.

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