The Indian rupee on Tuesday touched a two-month high of 47.44 against the US dollar in early trade on increased capital inflows amid expectations that the local bourses would open on a strong note.
The Indian rupee on Tuesday touched a two-month high of 47.44 against the US dollar in early trade on increased capital inflows amid expectations that the local bourses would open on a strong note.
At the Interbank Foreign Exchange (Forex) market, the domestic unit appreciated by 19 paise to 47.44 a dollar against its previous close of 47.63.
Forex dealers said increased capital inflows as stock markets are ruling higher and expectations that they would again open on a strong note led to the rise in the local unit.
Weakness in the dollar overseas also boosted rupee sentiment, they said.
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
