Indian rupee climbs to 19-month high

India's rupee strengthened to a 19- month high after overseas investors boosted their holdings of the nation's stocks and bonds to record levels, seeking to profit from the expanding economy and rising interest rates. India's growth is "impressive" and may accelerate to as high as 8.75 per cent in the fiscal year that began April 1, said Finance Minister Pranab Mukherjee.