The currency's relatively stable performance even as the US announced tapering showed India's better preparedness to deal with any fallout of such foreign fund outflows.
For one, the Reserve Bank of India's two special concessional swap facilities have added $34 billion to forex reserves.
At the same time, the government has said it would contain the current account deficit below $60 billion in the current financial year.
In fact, the rupee was supported on Friday by expectations of more foreign fund inflows as local stocks jumped 1.8
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