Rupee rises to one-month high of 59.94 against dollar

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RUMumbai, May 08: The Indian rupee broken 60 against a dollar for the primary time during a month, helped by marketing of the american currency by exporters.

The part convertible rupee reinforced to 59.94 against a dollar at the Interbank exchange Markets, 19 paise stronger than its previous day shut. The rupee closed at 60.13 against a dollar Wed.

This is the strongest worth of the Indian currency since April 9.

The Indian currency hit a high of 59.94 and a low of 60.05 within the intra-day. The rupee was quoted at 60.02 to a dollar at 1.42 p.m. Indian time.

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