The rupee today closed just a paisa higher at 54.79 against the dollar, on better local equities.
Continued dollar investments in shares by foreign funds helped the rupee close in the positive zone, while a firm dollar abroad kept the rupee's rise under check, said traders.
Call rates end stable
Call money rates ended steady as demand from borrowing banks matched supplies.
The rate held stable at 7.25 per cent. It moved in a range of 7.35 per cent and 7.20 per cent. The Reserve Bank of India under the liquidity adjustment facility purchased securities worth Rs 95,445 crore in 29 bids at the one-day repo auction, at a fixed rate of 7.25 per cent. It sold securities worth Rs 45 crore in two bids at the one-day reverse repo auction, at a fixed 6.25 per cent.
