Photo: AFPMumbai: The Indian rupee closed stronger against the US dollar ahead of key Consumer Price Index-based (CPI) inflation and Index of Industrial Production (IIP) data due on Monday after 5.30pm. The home currency opened at 64.95 a dollar and touched a high and a low of 64.95 and 65.07 respectively. The government will issue IIP and CPI for January and February, respectively, after 5.30pm on Monday. India’s benchmark Sensex index rose 1.83%, or 610.80 points, to 33,917.94. The dollar index, which measures the US currency’s strength against major currencies, was trading at 90.01, down 0.09% from its previous close of 90.093.

Source: Mint March 12, 2018 04:02 UTC