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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The world is moving away from fast food like never before

    Despite spending $1.8 billion every year on worldwide advertising and promotion, McDonald’s sales are plummeting.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schoettli

It’s time for Japan to step out of its shell

The execution of a Japanese hostage by ISIS has sho­cked ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Bubbles Sabharwal

Truth about truth

The question to ponder is, “is it the truth because ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture