The rupee is trading at 60.04 per dollar versus its last close of 61.2150/2250, following lower-than-expected retail inflation data released on Wednesday with gains in the domestic share market also aiding the unit.
Industrial production expanded slighly and consumer prices cooled offering some respite to the ruling coalition before next month's general election.
The BSE Sensex is up 0.3% and will be watched for cues on foreign fund flows.
 "Rupee continues to trade strong after CPI data")
