Business Standard

Rupee steady at 48.57/ $ in early trade

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Press Trust of India Mumbai

The Indian rupee today remained steady at 48.57/58 against the US currency in early trade on weakening of dollar in the overseas market.

At the Interbank Foreign Exchange (forex) market, the domestic currency resumed at 48.57/58 a dollar against its previous close of 48.55/56.

Forex dealers said the Indian benchmark Sensex is expected to open in a strong note in tandem with other Asian markets, which are higher by up to 2 per cent in the morning trade, influencing rupee sentiment.

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First Published: Jun 25 2009 | 10:08 AM IST

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