MUMBAI: The rupee today ended marginally higher by two paise at 49.91/92 against the US currency on mild dollar selling by banks and exporters amid sustained foreign capital inflows.
Dealers said persistent selling of dollars by banks and exporters after continued foreign capital inflows into equity market ahead of of RBI's policy meeting tomorrow and Union Budget on Friday boosted the rupee against the dollar.
However, dollar demand from oil importers capped the rupee gains, they said.
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