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Rupee steady

MUMBAI: The rupee ended steady at 40.5250/5350 against the U.S. currency in range-bound trading on Monday, largely influenced by equity markets, which is expected to witness a fresh round of capital inflows.

The Indian unit once again tested the 40.44-level in early trading but declined from the day's high on some dollar buying by public sector banks, probably on behalf of the central bank.The rupee was trapped in a range of 40.44 and 40.55 after resuming higher at 40.50/52 a dollar against Friday's close of 40.52/53. — PTI

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