Indian Rupee climbed to one year high buoyed by dollar’s broad based fall and a stronger start to the stock Market. Partial convertible rupee was at 46.15 per dollar off a high 46.095 its strongest since Sept 26’08. Financial Markets were shut on Tuesday for a local holiday.
NSE Tips for Stocks
Weaker dollar overseas is fuelling selling said by the head of Foreign Exchange trading at HDFC Bank. Indian Shares rose 1% early in the morning but the gain are expected to be limited.
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