At 85.2/$, Re hits 1-mth high on US trade deal hopes
The rupee rose to a peak of 85.2 against the dollar, its best level since late May, before ending the session at 85.31, up 0.4% on the day. Dollar sales from foreign banks in the latter half of Thursday's session boosted the rupee Traders reckon a trade deal with India could push the rupee above 85.
(This is a Reuters story)
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