Mumbai, Mar 13 (UNI) The Rupee on Wednesday posted a gain of 17 paise to close at 69.53 more than one-month-high on fresh foreign inflows, dealers at Forex Market said.

Besides, selling of US dollar by exporters and banks also propelled rupee higher.

The rupee opened weak by one paise at 69.71 at the interbank forex market.



The local unit registered day high and low at 69.78 and 69.42 respectively.



Weak dollar against some other currencies and positive close in domsetic equity market pushed the Indian currency firm. However, rising crude prices restricted the upmove, the dealers added.

Rupee on Tuesday advanced by 18 paise to close at 69.70 against the US dollar in line with a strong rally in domestic equities, reflecting positive investor sentiments amid hopes that the incumbent NDA government will get the second term.

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