Rupee steady as oil firms buy dollars
The Indian rupee ended nearly flat Friday at 95.21 per dollar, versus its previous close of 95.22, as oil companies bought dollars to prevent the rupee from appreciating. Some state-run banks also sold dollars, traders said. The rupee traded in a 10-paisa range of 95.29 and 95.19, and the bias was negative. Brent crude oil prices were trading around $83-84 per barrel.
