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Rupee flat ahead of Fed meeting

Asian currencies are mostly up versus the dollar

Reuters

The rupee is trading at 61.01/02 vs Tuesday's close of 61.0550/0650.

Trading is largely range-bound ahead of Fed meeting.

Asian currencies are mostly up versus the dollar.

Asia FX traders bet Fed will maintain a pledge on low rates when policy meeting ends later in the day.

Support is seen at 60.90 for the USD/INR pair.

Nifty is up 0.3% after its biggest single-day fall in 1-1/2 months on Tuesday.

 

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First Published: Sep 17 2014 | 9:51 AM IST

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