Indian Rupee almost steady!

Posted by webber | Wednesday, November 11, 2009 | | 0 comments »



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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