Rupee trading higher as foreign banks sell dollars
Mar 19 2014 , Mumbai
The BSE Sensex and Nifty rallied to record highs on Tuesday as strong buying by foreign investors continued to bolster blue chips in the lead-up to general elections, especially companies more geared towards the domestic economy such as HDFC Bank.
The dollar's index against six major currencies currently down 0.02 percent.
The dollar stood near its lowest level in more than four months against a basket of currencies on Wednesday, on some trepidation ahead of Janet Yellen's inaugural policy review as the Federal Reserve's chief.