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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
Last Updated : Jan 29 2014 | 10:41 AM IST
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.

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First Published: Jan 29 2014 | 10:39 AM IST

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