 "Rupee strongest in ten days, rises to 55.65")
Mumbai The rupee strengthened to its highest in more than a week on Monday, tracking a slight revival in risk-taking in other Asian markets, but dollar purchases from oil firms is expected to limit sharp gains.
[caption id=“attachment_332444” align=“alignleft” width=“380” caption=“BSE index was up 0.5 percent in pre-open trade on Tuesday. Reuters”]  [/caption]
On Tuesday morning, the partially convertible rupee was at 55.39/40 per dollar, after earlier hitting 55.25, its strongest against the dollar since May 25 and above its previous close of 55.65/66.
The MSCI Asia ex-Japan index was up 1.1 percent, while the BSE index was up 0.5 percent in pre-open trade.
Reuters
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