Indian Rupee advanced on possible economic-policy changes

Note: This section contains information in English only.
Source: Bloomberg
The Indian Rupee increased by 0.2% to 53.6925 per U.S. Dollar in early Mumbai trading session on Wednesday. The currency has touched a 53.3800 level yesterday, which is the strongest since 23rd of October. The Rupee appreciates, as the Indian Finance Minister said, that in next month will be revised economic-policy. The minister said that budget-deficit target is 4.8% of GDP in a year through March 2014. Recently, India increased the tariff on gold to reduce a current-account deficit.
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