Rupee ends eight months high

March 26, 2014 16:46
Rupee ends eight months high

Indian Rupee which nearly depreciated by 14 percent last year, is slowing getting strong. This year so far Rupee gained nearly 3 percent and is still going strong. Today, Rupee hit eight months high at Rs 60.13 per USD and the trade analysts feel that it could strengthen more in coming days.

With the hope of political stability, Indian Rupee is getting strengthen day by day and post the elections result, Rupee will have severe effect. Meanwhile the Bombay Stock Exchange [BSE] and National Stock Exchange [NSE] too made gains. BSE ended at 22095 gaining 40 points while NSE rallied to high of 6601 points.

(AW: Vamshi)

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