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The rupee gained to its strongest against the dollar in a month on Thursday as exit polls predicted a strong showing for the key opposition party in state elections held since November.


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	The rupee was off highs in the afternoon. Dealers said a state-run bank was buying dollars likely on behalf of oil refiners and importers.<br />
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	The pair was at 61.75/76. The rupee had risen to as high as 61.52 against the dollar, its strongest level since Oct 31.<br />
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	Some caution also set in ahead of US nonfarm payrolls data on Friday, which will be key ahead of December FOMC meet.</p>

Rupee off highs, US jobs data eyed

Dealers said a state-run bank was buying dollars likely on behalf of oil refiners and importers

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