The Indian currency is stronger that it was in January and had finished last week at its best level since September 2008. The tide is strong and is a precursor to clearing the highs of 5300 on the Nifty.

For those who have bloomberg access here is the link to my note of October 09 { NSN KR6WCM07SXKX <GO>} – I had anticipated the Indian rupee to strengthen 12%.

Rupee strength