Rupee Seen Rallying 4.4% as Options Turn Bullish

Rupee Seen Rallying 4.4% as Options Turn Bullish

Prashanth Vishwanathan/Bloomberg

The rupee rallied 5.3 percent last quarter, the most since 2009, to become Asia’s best-performing currency from its worst in the preceding three months, data compiled by Bloomberg show. It rose 0.5 percent to 51.8825 a dollar today.