18/03/2016
RUPEE GAINS 47 PAISE TO HIT TWO MONTHS HIGH vs DOLLAR
The rupee climbed to the highest level since early January on optimism that demand for the assets will pick up after the Federal Reserve scaled back its projection for interest rates increase.
The domestic currency gained 47 paise on persistent selling of the American currency by banks and exporters.
Source: The Financial Express, Friday I March 18 2016