Rupee stays close to 89.20/$ due to stable market cues and a weaker dollar.
The Indian rupee begins at 89.2050 per US dollar, up 0.07% from the previous close of 89.27. Although bankers have warned that the currency has failed to sustain any relief rallies, the Indian rupee opened higher on Thursday thanks to a weaker dollar on speculations of a December Federal Reserve rate decrease. The rupee might…