October 4, 2012 11:34 AM

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Rupee rises to 5-1/2 month high of 51.88 against dollar

Rupee rose above the Rs 52 level by gaining 28 paise to fresh five-and-half month high of 51.88 against the American currency in early trade on persistent dollar selling by exporters amid hopes of further reforms measures.Dealers said, sustained capital inflows and a higheropening in the equity market also supported the rupee.Meanwhile, the BSE benchmark Sensex surpassed 19,000 points mark by rising 200.48 points, or 1.06 per cent, to 19,070.17.

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