Rupee at 46.25/dollar, new 1-month high

Mumbai: The Indian rupee rose to fresh one-month highs on Tuesday morning backed by near 1 per cent gains in domestic shares and tracking higher regional peers.
At 9:07 a.m. the partially convertible rupee was at 46.25/26 per dollar, above its close of 46.29/30 on Monday. In early deals, the rupee rose to 46.22, its highest since Dec. 4.
In 2009, foreign portfolio buying of domestic stocks that totalled more than $17 billion helped the rupee rise 12 per cent from a record low of 52.2 in early March. The rupee gained 4.7 per cent for the year as a whole.
Most regional currencies were stronger compared to the dollar on Tuesday. The dollar index against six major currencies was down 0.2 per cent.
Sensex rose 0.9 per cent in early deals on Tuesday, led by Reliance Industries and banks, taking cues from the gains in global markets.