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The Indian rupee ended marginally stronger near seven-month highs on Wednesday helped by the dollar's weakness against most currencies, but demand from importers and suspected central bank intervention checked gains.
The partially convertible rupee closed at 44.6925/44.70, slightly higher than the previous session's 44.73/44.74. It hit 44.64 at the start of trade, a level it last tested on April 7. The rupee has risen by about 5 percent from a three-year low of 47.04 in July, boosted by foreign buying of shares.

Copyright Reuters, 2006

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