The rupee was steady on early Wednesday, after easing marginally in opening trades, as foreign fund inflows supported the local unit despite weaker domestic shares, traders said.
At 9:20 am, the partially convertible rupee was at 44.4275/4325 per dollar, largely steady from at its previous closing of 44.425/435. It fell to 44.45 per dollar in opening deals.
Indian shares were barely changed in early trades on Wednesday, amid subdued Asian peers, on renewed concerns in the eurozone.
The euro stayed on the back foot in Asia on Wednesday, having suffered a steep fall against the Swiss franc and the dollar after Moody's slashed Portugal's credit rating to junk status.
