India's economy is expected to grow by between 5.4 percent and 5.9 percent in the current fiscal year, the new government's first economic survey said on Wednesday.
Most Asian currencies also trading stronger versus the dollar. See for a snapshot.
Traders will monitor the domestic sharemarket for clues on the direction of foreign fund flows. The main share index down 0.5 percent currently.
Indian rupee is seen moving in a 59.60 to 60.00 range against US dollar during the session with strong support seen for the pair at 59.65 levels, dealers say.