Rupee lingers in narrow band even as most Asian currencies inch up

The Indian rupee was little changed on Tuesday, unable to gain from an uptick in most Asian peers, with traders anticipating rangebound moves until the outcome of India's general election. The dollar index dipped 0.1% to 104.4 while most Asian currencies rose, with the Korean won up 0.6%, leading gains. Analysts expect the rupee to mostly trade sideways heading into the India's election results, due on June 4.

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