Mon, 14 Jan 2013 08:16:07 GMT
Indian Rupee continues to appreciate on inflows increase
The Indian Rupee was higher by 0.1% to 54.7250 per U.S. Dollar in early Mumbai trading session on Monday. The Indian currency extended its 0.6% positive performance in last week, which was the biggest gain since November. The main reason for a such Rupee's appreciation is a capital inflow, as overseas investors purchase various classes of assets. According to exchange