Rupee strengthened to its highest level in nearly 19 months on Monday as the dollar's broad drop against major currencies and gains in the domestic sharemarket boosted sentiment.
At 12:41 p.m. rupee was at 44.98/99 per dollar, its strongest since Sept. 10, 2008 and up 0.55% on the day.
The index of the dollar against six major currencies was down 0.5%.
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