Rupee steady at Rs 49.32/33 vs Dollar

Mumbai: The Indian rupee held steady at Rs 49.32/33 per US dollar in early trade today due to uneven demand and supply transactions in view of uncertainty in the currency market. The rupee resumed higher at Rs 49.28/29 per dollar on the Interbank Foreign Exchange, as against its previous close of Rs 49.32/33 per dollar, and hovered in a range between Rs 49.28 and Rs 49.47 per dollar before quoting at Rs 49.32/33 dollar at 1030 hours. Uneven demand and supply of dollars from banks and corporates mainly affected the market sentiment, a forex dealer said.

In the Sydney market, the euro fell during early trade after the Slovak Parliament rejected a plan to expand Europe`s bailout funds, the latest frustration in attempts to resolve the region`s debt crisis. Meanwhile, the BSE benchmark Sensex shot up by 183 points, or 1.11 per cent, in early trade today