ET:Rupee little changed; choppy shares, euro weigh
MUMBAI: The Indian rupee was little changed in afternoon trade on Thursday as comfort from dollar's weakness overseas was offset by choppy local shares and the euro.
* Dollar demand from oil importers also weighed on the rupee, traders said.
* At 1:19 p.m., the partially convertible rupee was at 44.6925/6950 per dollar versus its last close of 44.70/71. So far in the day, the rupee had moved in 44.6400-44.7450 band.
* The index of the dollar against six major currencies was down 0.27 percent at 73.730 points versus 73.700 points at end of trade on Wednesday.
* The euro was at $1.4639 after touching a high of $1.4646. It had been at $1.4629 at close of local forex trade on Wednesday.
* Traders expect the euro to move in a thin range before the European Central Bank's rate decision due around 1145 GMT (0515 p.m) and may not throw fresh cues for rupee to follow.
* The benchmark index was up nearly 0.3 percent after falling earlier in sync with weak Asian equities, as doubts about a global economic recovery spooked investor confidence