Mumbai: The Indian rupee strengthened to a three-week high on Wednesday morning, aided by a sharp fall in global crude oil prices overnight, while expected gains in local shares also helped sentiment.
The partially convertible rupee was trading at 73.22/23 per dollar at 03.40 GMT, compared with its previous close of 73.57/50 and after earlier touching 73.10 in opening deals, its highest since October 3.
The benchmark 10-year bond yield was down 4 basis points at 7.85 per cent, while the broader NSE share index was up 1.3 per cent in pre-open trade.
