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)
Sustainability certified India tea estates violate worker rights - report
CHENNAI, India (Thomson Reuters Foundation) - Tea estates in southern India are hiring temporary workers during peak plucking season and denying these labourers basic rights as required by law, said a report released on Tuesday.
Asia stocks bounce, investors no clearer on Fed
SYDNEY Asian shares bounced modestly on Tuesday as doubts the Federal Reserve would hike interest rates next month restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world.
India's growth pace likely slowed in April-June: Reuters Poll
BENGALURU India's economic growth likely lost some momentum in the April-June quarter on cutbacks in domestic and global demand, a Reuters poll showed.