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Rupee at 18-month high on stocks, weak dollar

Rupee at 18-month high on stocks, weak dollar
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First Published: Fri, Mar 26 2010. 04 22 PM IST
Updated: Fri, Mar 26 2010. 04 22 PM IST
Mumbai: The Indian rupee strengthened to its highest level in more than 18 months in late trade on Friday as gains in domestic shares and broad weakness in the dollar against majors cheered sentiment.
At 4:48pm, the partially convertible rupee was at Rs45.27/28 per dollar, its strongest since 22 September 2008. The rupee had closed at Rs45.49/50 on Thursday, after touching Rs45.71, its weakest since 5 March.
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First Published: Fri, Mar 26 2010. 04 22 PM IST
More Topics: Markets | India | Rupee | Currency | Dollar |