India Official: Rupee's Rise Not a Sign of Economic Bounceback Wall Street Journal The comments, from one of the country's most senior officials, come at a time when the rupee is at an 11-week high against the US dollar, and traders appear to be bullish on the local currency. The dollar was trading at 49.39 rupees at 0921 GMT--its ... India's gold-tariff hike may fail to boost rupee |
