The Indian rupee closed at its highest level in over two months against the dollar, aided by weaker-than-expected U.S. jobs data and expectations of foreign fund inflows amid a jump in local shares. We are witnessing the carry trade inflows on expectations of ruling party BJP to come to power in the upcoming elections. Lack of uncertainty in the global markets is also aiding the rupee and the dollar may come under pressure if weak U.S. jobs numbers sustain. Traders will focus on the upcoming elections for further cues.