Rupee recovers from early losses, trades steady at 68.54 against USD
The domestic unit was trading stable at its overnight level of 68.54 at 10:30 hrs.
The central bank is expected to maintain its neutral policy stance given the volatility in crude oil and food prices as well as inflationary concerns, a dealer said.
Overseas, the US dollar rose against its major peers in early Asian trade, while edging up on the yuan after a source said the White House was about to propose higher tariffs on USD 200 billion in Chinese imports, perhaps sparking a new round of trade hostilities.
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