(Bloomberg) -- India's rupee rose for a fourth day, bringing its gains this month to 4.2 percent, on speculation exporters are rushing to buy the currency to protect earnings.
The rupee is the world's best-performing currency this month as foreign investors plough money into an economy growing at the fastest pace since 1989. The finance minister on April 15 said the rupee was ``still very competitive,'' suggesting the currency may be allowed to rise further.
Read more at Bloomberg Currencies News
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