MUMBAI, Sept 22 (Reuters) - The Indian rupee strengthened on Tuesday as the upbeat domestic share market fuelled hopes of foreign portfolio inflows. * At 1:43 p.m.,the partially convertible rupee INR=IN was at 48.05/06, from Friday's close of 48.13/48.14. It had touched a low of 48.22 in early deals. The market was closed on Monday for a holiday. * Indian shares rose to fresh 16-month highs on Tuesday as high liquidity and hopes of strong quarterly earnings saw the market extend last week's gains as trade resumed after a holiday. [.BO] * The euro hit a one-year high against a broadly weak dollar on Tuesday as dealers took advantage of the U.S. currency's rise the previous session to resume selling ahead of a Federal Reserve monetary policy meeting and a Group of 20 summit later in the week. [USD/] (Reporting by Neha D'silva; Editing by Prem Udayabhanu)

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