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Rupee rules steady


MUMBAI: The rupee ended fractionally higher at 46.55/56 a dollar in dull trading at the interbank foreign exchange market, ahead of the release of U.S. non-farm pay-roll data.

Resuming steady at 46.54/57 a dollar, the Indian unit later was trapped in a small range of 46.52 - 46.57 dollar in the absence of any worthwhile activity during the day.

The US non-farm payrolls data will be important in providing clues about what could happen in the Federal Open Market Committee meeting on August 8, they added. — PTI

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