The Indian rupee closed on stronger on Monday, December 15 as positive local equities raised expectations of fresh foreign fund inflows and offset dollar demand from oil refiners.
The partially convertible rupee settled at 48.05/06 a USD, 0.8% stronger from its previous close of 48.43/45. It had an intraday high of 47.92; its strongest since November 11.
The Sensex ended the day with a gain of 142.32 points, or 1.47% at 9,832.39 after touching a high of 9,948.33 and a low of 9,749.29.
