Rupee continues to trade at over seven-month high

The rupee is trading at 60.49/50 after hitting 60.47, its highest since August 12 and above its close of 60.77/78 on Monday as dollar selling by custodian banks continues to help. Foreign funds bought shares worth $241.56 million on Monday, provisional stock exchange data shows. Stocks though marginally down on the day, continue to remain close to record highs hit on Monday with dollar inflows continuing, dealers say. Trad...