Reuters Market Eye - The rupee is trading at 61.01/02 vs Tuesday's close of 61.0550/0650.
Trading largely range-bound ahead of Fed meeting.
Asian currencies mostly up versus USD.
Asia FX traders bet Fed will maintain a pledge on low rates when policy meeting ends later in the day.
Support seen at 60.90 for the USD/INR pair.
Nifty up 0.3 percent after biggest single-day fall in 1-1/2 months on Tuesday.
Also Read
(Reporting by Gaurav Pai)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app