Tue, 01 Oct 2013 11:16:04 GMT
Rupee rises amid less current account deficit
India's currency gained on Tuesday reversing from previous two-day loss after better-than-expected results of current-account deficit overshadowed concerns that a partial shutdown of the U.S. government may reduce capital inflows. The Rupee jumped 0.4% to 62.3650 per U.S. Dollar at 10:34 a.m. Mumbai time after it lost 4.9% in the month of September.