Tuesday, November 10, 2009

Indian Rupee almost steady!

The Indian rupee was largely steady on Wednesday as the dollar's drop against major currencies was partly offset by mixed cues from regional stock markets.

At 9:15 a.m. (0345 GMT), the partially convertible rupee INR=IN was at 46.52/53 per dollar, little changed from its Tuesday's close of 46.50/51.

"The dollar is slightly weaker but not much, equity markets would be the factor to watch out for today," a dealer with a private bank said, predicting a range of 46.45 to 46.70, for the day >> [ More details ]

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