Rupee hits 1-mth high on FPI inflows

The rupee, which plummeted to an all-time low of 80.06 last month, made a sharp recovery in the past four sessions as FIIs returned to capital markets and crude oil prices fell below $100 per barrel-mark.

The rupee has gained 138 paise or 1.73 per cent against the US dollar in the four days to Tuesday to regain the 78-level.

The Sensex closed 20.86 points, or 0.04 per cent higher, at 58,136.36 with 16 of its constituents ending in the red. with PTI