Indian rupee edges higher in line with regional peers

MUMBAI, Feb 10 - Indian rupee edged up early on Wednesday in line with stronger regional peers while early gains in the domestic sharemarket also helped by raising hopes for foreign capital inflows.

* At 9:32 a.m. the partially convertible rupee <INR=IN> was at 46.58/59 per dollar, off an early high of 46.5050 but still stronger than its close of 46.66/67 on Tuesday.

* Most Asian units were stronger compared to the dollar. See [EMRG/FRX] for a snapshot.

* The euro extended gains on Wednesday, having earned a reprieve in the previous session, as investors unwound short positions in the single currency on reports that a rescue package for Greece was in the works. [USD/]

* Indian shares <.BSESN> rose 0.6 percent in early trade on Wednesday but later turned marginally lower pulling down the rupee from its highs. [.BO]

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