Indian rupee rose further against the dollar on Wednesday, December 10 due to support received by surging Asian markets coupled with dollar selling by banks.
The partially convertible rupee stood at 49.11 against the dollar; appreciating up to 0.97% from its previous close of 49.58/59.
Asian technology stocks advanced as Hynix Semiconductor won financial support from creditors, contradicting declines among financial shares. Hynix climbed almost 9%.
