Rupee edges up on bunched-up dollar inflows

Tags: News
The rupee is trading higher at 60.71/72 versus Thursday's close of 60.76/77.

Bunched-up dollar inflows hurting the pair, say traders.

Foreign exchange markets were closed on Friday and Monday for holidays.

The Sensex and Nifty hit record highs on Monday and trading up 0.4 percent as of 9:29 a.m.

Dollar's gains versus certain other Asian units and majors to limit a sharp fall in the USD/INR pair.

Index of the dollar versus six majors up 0.05 percent.

The rupee is seen in 60.50 to 61.00 range during the session.

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E-mail ID will not be published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

  • Salman should be punished for what he did and not for who he is

    Salman Khan is a Bollywood phenomenon. On the professional front, he can do no wrong.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Simon J Evenett

Trade policy: more heat than light?

After several years in the doldrums, trade policy is back. ...

Zehra Naqvi

Happy people are better workers

We know that the state of mind we are in ...

Dharmendra Khandal

Tales from the dry, deciduous forest of Kuno

Kuno is an incredibly dry deciduous (dhonk) tree forest of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture