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Rupee moves up further

MUMBAI: The rupee continued to surge against the U.S. dollar and ended at a nine-year high of 41.67/68 a dollar on Monday, higher by nine paise from Friday's close of 41.76/77, on dollar selling by traders and strong capital inflows.

The local currency fluctuated in a range of 41.57 and 41.72 after resuming firm at 41.64/66.

Traders and banks were not willing to hold dollar positions ahead of the central bank's annual monetary policy to be unveiled on Tuesday. — PTI

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