Indian rupee ended trading higher Tuesday as local stocks held high, raising hopes of capital inflows.
The partially convertible rupee ended at 48.94/95 per dollar, off an intraday peak of 48.76, its highest in more than a week, but still about 0.7 percent stronger than Friday's close of 49.27/29.
RBI’s decision to left key rates unchanged also helped the local unit. The currency market was closed on Monday for a national holiday.
