The Indian rupee was little changed on Tuesday afternoon closely tracking the seesawing domestic sharemarket, but the bias was on the weaker side after the sharp gains seen in recent sessions. At 1:30 p.m., the partially convertible rupee INR=IN was at 45.54/55 per dollar, marginally weaker than 45.53/54 at close on Monday, when it hit 45.38 during trade, its strongest since Jan. 12. The index of the dollar .DXY against six major currencies was 0.1 percent higher.
Latest Update
Sterling extends loss after Fitch comments.
Sterling falls on housing data, concerns on UK banks .
Dollar holds losses vs euro after ISM service data .
USDINR
USDINR (45.6900) : USD INR is expected to strengthen further.
Support: 45.50/45.35. Resistance:45.85/46.00
EURUSD
EURINR (62.020) : EURINR is expected to remain under selling pressure due to weak Euro.
Support: 62.000/61.775. Resistance: 62.300/62.450
USDJPY
JPYINR (50.90): JPYINR is expected to remain under selling pressure due to weak Yen.
Support : 50.50/50.30. Resistance: 51.15/51.60
GBPUSD
GBPINR (68.36): GBP USD is expected to remain under selling pressure due to weak GBP.
Support: 68.05/67.80. Resistance: 68.55/68.85