MUMBAI: The rupee today ended steady at 49.00/49.01 against the greenback as dealings in the exchange market were lacklustre due to a strike by the Reserve Bank employees.
Despite consolidation in equity markets, the domestic unit moved in a range of between 48.9500 and 49.1550 during the day. It had closed at 48.99/49.00 a dollar on October 20.
Forex dealers said the activity was not much as investors remained sideline but the rupee moved erratically on the alternate bouts of small dollar buying and selling.
They said rupee drew some support from a fresh surge in equity markets which helped the currency to remained steady at close.
The Indian benchmark Sensex today gained another 460 points or 4.5 per cent while Asian markets witnessed mixed pattern trading during the day.
Foreign Institutional Investors (FIIs) pulled out over USD 1.0 billion from equity during last week, taking the total capital outflow to nearly USD 12 billion so far in the current calendar year.
