Rupee stays steady against dollar

Rupee continued to remain firm against the US currency on Thursday well supported by global factors like weak dollar rate 
against major world currencies and heavy expectations of capital inflows.

Rupee resumed today firm at Rs 40.40 per dollar from the previous close of Rs 40.44 per dollar but later closes at its previous level.

While Global oil prices crossed $80 a barrel for the first time in New York, Oil Companies seem to be buying some dollars trimming the Rupee margin levels.