Markets | Rupee near a 7-month high on capital inflows

Markets | Rupee near a 7-month high on capital inflows
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First Published: Thu, Jun 04 2009. 12 32 AM IST
Updated: Thu, Jun 04 2009. 12 32 AM IST
Mumbai: The rupee traded near a seven- month high as overseas funds added to their biggest monthly investment in the nation’s stocks since October 2007.
The currency is set to gain for a third week against the dollar, extending the biggest monthly advance on record.
The rupee closed at 47.045 per dollar at the close in Mumbai, compared with 47.025 on Tuesday.
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First Published: Thu, Jun 04 2009. 12 32 AM IST