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Millennium Post

`Rs rises 13p to 1-month high of 60.36 per $

Rising for the second day, the rupee on Thursday closed at one-month high of 60.36 paise, up 13 paise against the dollar on sustained selling of the US currency by exporters and some banks amid heavy capital inflows.

At the Interbank Foreign Exchange (Forex) market, the local currency resumed better at 60.46 a dollar from previous close of 60.49 and immediately touched a low of 60.4950.

Later, it recovered and rallied to a high of 60.35 before concluding at 60.36, a rise of 13 paise or 0.21 per cent. On Wednesday, it had gained 19 paise or 0.31 per cent.
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