ET:Rupee set to post first monthly gain since September
The rupee is trading at 53.14/15 versus its Wednesday's close of 53.30/31 after hitting a three-and-half month high of 53.07 earlier in the session.
The rupee is set to post its first monthly gain since September with foreign fund inflows of more than $4 billion into equities and debt this month helping the currency.
Traders say month-end dollar demand, however, limited further gains in the rupee while weak domestic shares also weighed on the Indian currency.
