Jan 27: Rupee hits 2-1/2 month high

<p>Kashmiri shopkeeper sits near garlands made of Indian currency notes in Srinagar</p><p><b>The rupee touched a two-and-a-half month high on Friday, aided by firm local shares, as demand for riskier assets was spurred by hopes Greece will soon reach an agreement on restructuring its debt.</b></p><p>At 10:15 am, the rupee was at 49.72/73 to the dollar, after touching 49.65, its highest since November 9, and firmer than 50.09/10 at close on Wednesday. The market was closed on Thursday for a local holiday.</p><p><b>(Pictures by Reuters)</b></p>

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