Rupee recovered from Asia's worst and becomes Asia's best
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It took 5-weeks for Indian rupee to become Asia's best currency from its previous status of Asia's worst performing currency. According to the currency strategist, the turn around has been influenced by the improved chances of PM Modi's winning a 2nd term in the upcoming Lok Sabha votes. The market is improving in the last few days and the analysts think there are no other factors influencing it at present.