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Indian Rupee Trades Higher At 8-day High Against U.S. Dollar

The Indian rupee traded higher against the U.S. dollar in later deals on Wednesday, amid a gain in regional stocks.

The benchmark S&P BSE Sensex ended the session up 121.53 points or 0.47 percent at 26,147.33, while the broader CNX Nifty index closed up 27.90 points or 0.36 percent at 7,795.75.

The rupee traded steadily against the greenback, following an 8-day high of 60.015 hit in early deals. At yesterday's close, the pair was worth 60.15. On the upside, 59.8 is seen the next possible resistance level for the rupee.

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