Rupee edges down on oil, defence payments

Tags: News
The rupee is trading lower at 60.19/20 from Wednesday's close of 60.07/08, as dollar demand from banks for oil and defence related payments counters gains in the local share market.

The BSE Sensex is up 0.04 percent on caution ahead of earnings of key blue-chip companies later in the day.

Asian currencies trading mixed against the dollar, with most stronger.

Traders expect the market to remain range-bound, between 60.00-60.30 for the session.

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