Rupee edges up; Fed minutes lift risk assets
Jul 10 2014 , Mumbai
Asian equities rose 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.