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Indian rupee strengthens to trade below 60 per dollar.


Date: 28-06-2013
Subject: Indian rupee strengthens to trade below 60 per dollar
Mumbai: The Indian rupee gained on Friday, breaching below 60 to the dollar, on hopes recent foreign investor selling could subside after comments from US Federal Reserve officials seen as supporting continued monetary stimulus sparked a global risk rally.

The domestic currency was at 59.91/92 per dollar as against Thursday’s close of 60.19/20. It fell to a record low of 60.76 on Wednesday.

Source : livemint.com

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