RTTN:Indian Rupee Hits More Than 3-month High Against U.S. Dollar
The Indian rupee spiked up against the U.S. dollar in later deals on Wednesday on the back of a gain in regional stocks.
The benchmark BSE Sensex ended higher at 20,005, up 14 points or 0.07 percent, while the broader Nifty index rose 6 points or 0.1 percent to close at 6,056.
The rupee that closed Tuesday's deals at 53.7655 against the greenback firmed to 53.2555, its strongest level since October 19. The rupee may seek next resistance level around 53.00.
