MUMBAI: The rupee rose to its highest in nearly a month on Monday tracking higher regional shares and a weak dollar
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* The dollar drifted lower in Asia on Monday, heading into a week that is likely to see increased rhetoric on currencies from both China and visiting U.S. President Barack Obama. [USD/]
* The index of the dollar against six majors <.DXY> was down 0.3 percent. Most emerging market currencies were stronger against the dollar. For a snapshot see [EMRG/FRX]
* At 9:10 a.m. the partially convertible rupee was at 46.14/15 per dollar, its highest since Oct. 20 and stronger than its close of 46.31/32. On Friday, the rupee had dropped as low 46.75, its lowest since Nov. 6.
* At 0340 GMT, the MSCI index <.MIAPJ0000PUS> of Asian stocks ex-Japan was 1.1 percent higher while the Nifty India stock futures traded in Singapore were up 0.8 percent, both suggesting a higher start to the local sharemarket.
