Rupee at near 1-month peak on dollar weakness | india | Hindustan Times
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Rupee at near 1-month peak on dollar weakness

The Indian rupee strengthened to its highest level in nearly a month today afternoon boosted by the dollar's sharp losses against major currencies and some gains in the local sharemarket.

india Updated: Jul 29, 2010 16:46 IST

The Indian rupee strengthened to its highest level in nearly a month on Thursday afternoon boosted by the dollar's sharp losses against major currencies and some gains in the local sharemarket.



At 3:57 p.m. (1027 GMT), the partially convertible rupee was at 46.57/58 per dollar, after hitting 46.52, its strongest since July 2 and above its previous close of 46.75/76.


The index of the dollar <.DXY> against six major currencies <.DXY> was down 0.7 percent.