New Delhi, Feb. 16 -- The Indian rupee ended barely changed on Monday, as usual dollar demand met offsetting inflows, keeping the currency largely rangebound at the start of the week.
The rupee moved in a narrow 10-paise band to end at 90.65 against its previous close of 90.6350.
The rupee had jumped earlier this month, backed by the optimism from the U.S.-India trade deal, but is back to tracking flow dynamics and external cues.
Dollar sales by exporters and foreign portfolio inflows have helped the currency rise 1.5% so far in February.
However, that support could weaken.
"The rupee is not racing. It is waiting," said Amit Pabari, managing director at FX advisory firm CR Forex.
From a technical perspective, the 90.00-90.20 zone re...
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