The rupee edged slightly higher on Wednesday as better global risk sentiment bolstered hopes for capital inflows.
At 9:01 a.m. (0331 GMT), the rupee was at 49.90/91 to the dollar, stronger than Tuesday's close of 49.93/94.
Investor risk tolerance has improved following strong retail sales data from the United States, better economic outlook predicted by the US Federal Reserve and a sharp jump in Germany's ZEW economic think tank's monthly sentiment survey for March.
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