Rupee trades strong in morning trade
Dollar sale by custodian banks, bullish equities help
<a href="http://www.shutterstock.com/pic-49498450/stock-photo-background-created-with-indian-rupee-notes.html" target="_blank">Gold</a> image via Shutterstock Neelasri Barman Mumbai The rupee was trading strong in morning trade due to dollar sale by custodian banks and bullish equities.
At 10:20 am, the rupee was trading at Rs 62.22 compared with previous close of Rs 62.52 per dollar.
The rupee is seen trading range bound ahead of outcome of FOMC meet.