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    HomeNewsBusinessMarketsRupee still near 5-month high; bets bullish

    Rupee still near 5-month high; bets bullish

    The rupee is still at its near five-month high at 52.55-52.56 versus 53.01-53.02 last close. Hopes of more foreign fund inflows into local stocks with the Sensex up 1.2 percent.

    September 28, 2012 / 15:58 IST

    The rupee is still at its near five-month high at 52.55-52.56 versus 53.01-53.02 last close. Hopes of more foreign fund inflows into local stocks with the Sensex up 1.2 percent.


    Dealers say government sticking to second-half borrowing a big positive as move shows government serious about finances.


    Bullish bets on the rupee hit a near eight-month high as investors hailed the government's fast tracked fiscal and economic reforms.

    Euro holding on to gains in European trade after Spain is increasingly seen moving to seeking a bailout package.

    first published: Sep 28, 2012 03:46 pm

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