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Indian rupee hits 11-month high against dollar

| | May 17, 2014, at 02:05 am
#Indian rupee Lok Sabha polls #Indian rupee 11 month high
New Delhi, May 16 (IBNS): On a day when riding on a tsunami of popular support Bharatiya Janata Party (BJP)'s prime ministerial candidate Narendra Modi scripted a historic win for the National Democratic Alliance (NDA) and earned a single majority for his own party, Indian rupee on Friday closed at a 11-month high at 58.79 against the US dollar.

The rupee opened past 59 per dollar, a figure last seen on July 29, 2013.

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