Reuters Market Eye - (Corrects to say rupee highest since July 31 not weakest)
The rupee rises to as high as 60.33, its highest since July 31.
Last trading at 60.37/38 vs previous close of 60.68/69.
The dollar's fall comes after Ukraine said it has agreed on a ceasefire with Russia.
Traders say the 60.38 level is a crucial support for USD/INR pair.
RBI intervention eyed if the pair falls much beyond that support level.
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Gains in domestic shares to record highs also aid sentiment for the rupee. Nifty trading up 0.2 percent.
(Reporting by Swati Bhat)
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