Rupee finishes almost flat at 61.41 against US dollar

Rupee finishes almost flat at 61.41 against US dollar

MUMBAI: The Indian rupee on Wednesday ended almost flat at 61.41 against the Greenback on alternate bouts of buying and selling.

Despite a strong start, the rupee erased all its morning gains during intra-day due to sharp bouts of dollar demand from importers. However, it fell later before recouping losses to close almost flat at 61.41 on the back of fresh dollar selling from banks and exporters.

Sustained capital inflows into equities also helped the rupee to cap the fall to some extend, dealers said.