The rupee on Wednesday opened flat at 69.28 per US dollar, just two paise higher against Tuesday's close of 69.30. The domestic currency snapped its three-day losing streak in the previous session and rose 37 paise to settle at 69.30 against the greenback.
Forex traders said the dollar's weakness against its key rivals overseas and heavy buying in domestic equities also supported the domestic currency.
Rupee rose against the US dollar and snapped its four –day losing streak following suspected fund inflows in the debt segment. Market participants are cautious ahead of the important global events that are lined up today, says