INR

93.060

United States Dollar

The rupee had closed the day at 61.32 on Thursday. Check currency rates here

It's likely that the currency would trade in a range in the next few days in the absence of any major cues. With both events including the RBI Monetary Policy and the US Federal Reserve Open Market commitee meet over, it's likely that the rupee will remain rangebound.

The week saw currencies across the globe, particularly those from emerging markets tumbling, following worries over QE3 easing. However, the Indian rupee remains one of the strongest emerging market currencies, thanks to a fall in the current account deficit to manageable levels.

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