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January 31, 2012

Rupee heads for best month in 10 years, leads gains in most peers!

31 JAN, 2012, 11.14AM IST, REUTERS 

SINGAPORE: The rupee is headed for its best monthly performance in at least 10 years, leading gains in most of regional peers in January, boosted by inflows into the region's stock and bond markets in the new year. 

Fading concerns about the European debt crisis, on signs of progress in resolving the problem, helped boost Asian stocks this month, helping attract more investments into Asia. 


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