<p>The rupee on Friday rose 23 paise to an over five-week closing high of 61.75 against the US dollar on exporters selling the American currency and positive cues from local equities, to clock the best monthly gain since October 2013.<br /><br /></p>.<p>The sentiment in favour of the rupee also firmed up on sustained capital inflows and a sharp fall in dollar traded in the overseas markets, a forex dealer said, adding that downbeat fiscal deficit data failed to temper the enthusiasm.<br />For the week, the rupee gained 37 paise since ending at 62.12 on February 21. The gain in February is the highest since 110-paise surge logged in October 2013.</p>
<p>The rupee on Friday rose 23 paise to an over five-week closing high of 61.75 against the US dollar on exporters selling the American currency and positive cues from local equities, to clock the best monthly gain since October 2013.<br /><br /></p>.<p>The sentiment in favour of the rupee also firmed up on sustained capital inflows and a sharp fall in dollar traded in the overseas markets, a forex dealer said, adding that downbeat fiscal deficit data failed to temper the enthusiasm.<br />For the week, the rupee gained 37 paise since ending at 62.12 on February 21. The gain in February is the highest since 110-paise surge logged in October 2013.</p>