Reuters Market Eye - The rupee is trading at 60.36/37 after rising as high as 60.2650, a level last seen on April 21. The pair had closed at 60.42/43 per dollar on Tuesday.
The pair was off the day's lows tracking falls in local stocks and short-covering by banks amid caution before the U.S. Fed's policy meet outcome later in the day.
USD/INR seen in a 60.30 to 60.45 range until the end of the session.
(Reporting by Neha Dasgupta)
Trending On Reuters
The government on Monday forecast annual economic growth to accelerate to 7.6 percent in the fiscal year ending in March 2016 after Asia's third-largest economy grew 7.3 percent in the quarter to end-December. Full Article