Business / After slump, rupee becomes Asia’s best currency in 5 weeks

Just five weeks ago rupee was Asia's worst-performing currency, but developments in the runup to Lok Sabha elections 2019 have led to a drastic turnaround. The rupee has now become Asia's best-performing currency. Incidents over the past few weeks have fuelled the fresh development. At present, the value of rupee stands at 68.82 against the US dollar. Indian rupee could rally to 67 per dollar by the end of June.