Rupee trades at 55.46/47 versus its previous close of 55.5650/5750 amid thin volumes in the absence of some large banks and client flows on account of a nation-wide bank strike.
"We are trading as usual today. However, branches are closed and hence there are no client flows. SBI is out, hence, volumes are thin, USD/INR expected to stay rangebound through the day," a dealer with a large state-run bank said.
Traders say they do not expect much action through the day with the pair expected to continue trading in the range of 55.40 to 55.60.
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The euro also continued to trade steady while stocks were marginally negative, failing to provide any clear direction to the pair.
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