Rupee at 1-1/2 week low as dollar gains on upbeat US data

Tags: News
The rupee falls to 60.28 in early trading, its highest since July 22.

The rupee was last trading at 60.21 versus previous close of 60.06/07.

Dollar still near six-month peak after upbeat U.S. GDP data, but mixed views from the Federal Reserve tempers rally.

The Nifty is down 0.16 percent; will be watched for clues on foreign fund flows.

The Indian unit is seen in 60.10 to 60.50 range.

EDITORIAL OF THE DAY

  • But for market intervention, the govt has no business to be in business

    Selling equity in government owned companies has never been a priority for the Narendra Modi: the government has thus far not professed aggressive equ

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Cut & Thrust:The mother of all battles

Gassed out after the interminable interplay of the Yadavs in ...

Rajgopal Nidamboor

Of life’s essentiality and synchrony

It is no big deal to think of psychology as ...

Anil Dharker

No women, no Cry

EDM, as you would know if you are young, (and ...