October 15, 2009 5:25 AM

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Rupee Rises to One-Year High

The Indian rupee rose to one-year high of 46.13 against the dollar. In brisk trading at the Interbank Foreign Exchange(Forex) market, the domestic currency hit a high of 46.02, the level not seen since September 24, 2008.However, it closed at came down to settle at 46.13, up 35 paise from its last close.The Reserve Bank of India, however, fixed the reference rate for the US dollar at Rs 46.16 and for the euro 68.70.

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