•US Fed meet on October 31 to review rates
•Derviatives expire on Thursday; FIIs may start unwinding PNs
Rupee too bounces back
MUMBAI: The rupee notched its biggest rise in three weeks on Tuesday as a 5 per cent surge in the stock market raised expectations that capital inflows, a key driver of its gains this year, would remain robust. The rupee ended at 39.59/ 60 per dollar, 0.75 per cent above Monday’s close of 39.89/ 90 and the largest daily gain since October 3, taking it back towards the 9-year high of 39.27 hit earlier this month.
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