(Bloomberg) -- Credit Suisse Group raised its forecast for the Indian rupee on speculation economic growth will drive overseas demand for the nation's stocks.
The rupee is the fourth-best performing currency in the world this year, rising 7.4 percent, as India has grown at the second- fastest pace among the world's 20 biggest economies. The bank also predicts India's currency will extend gains from near the highest in nine years on bets the Reserve Bank of India will allow it to strengthen to help curb inflation.
Read more at Bloomberg Currencies News
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