MUMBAI Jan 30 The Indian rupee rose to its
highest level in more than three months on Wednesday on the back
of dollar inflows for upcoming share sales and positive
sentiment from a stronger euro.
At 3:30 p.m. (1000 GMT), the partially convertible rupee
was at 53.3550/3650 per dollar, its strongest since
Oct. 23, 2012 and stronger than its close of 53.76/77 on
Traders said exporters were also seen selling the greenback
of expectations of a stronger rupee in the near-term. India's
ministerial panel approved selling a 10 percent stake in Oil
India on Feb. 1, the oil secretary said.
(Reporting by Swati Bhat; Editing by Rafael Nam)