Rupee edges up; Fed minutes lift risk assets

Tags: Rupee, News
The rupee is trading at 59.62/63 versus its Wednesday close of 59.75/76.

Asian equities rose

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and the dollar dipped on Thursday, after the U.S. Federal Reserve indicated it was not in a rush to end quantitative easing and begin hiking rates.

Traders expect the market to remain range-bound until the budget announcements which will start at 11 a.m.

Most Asian currencies trading stronger. The dollar started at one-week lows against a basket of major currencies.

The rupee is seen moving in a 59.50 to 59.80 range until the budget.

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