Rupee edges higher in line with other Asian pairs

Tags: Rupee, News
The rupee is trading at 61.29/30 versus its close of 61.08/09 on Friday, tracking

RELATED ARTICLES

losses in most other Asian currencies after the better-than-expected U.S. payrolls data.

Traders expect the pair to hold in a 61.15 to 61.45 range during the session.

Domestic shares trading flat to slightly weaker in early trade and will be monitored for cues on foreign fund flows. .BO

Asian stocks slid on Monday and the dollar stepped back from its recent highs as disappointing Chinese trade data and uncertainty over the crisis in Ukraine kept risk appetite in check.

U.S. non-farm payrolls came in stronger-than-expected with data showing employers had added 175,000 jobs to their payrolls last month, up from 129,000 new positions in January.

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E-mail ID will not be published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

  • Media obsession with his layoff smacks of lack of focus

    Pretty much like his abrupt vanishing act had done 50-odd days ago, Congress vice president Rahul Gandhi’s return on Thursday from a long and myster

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

Varun Dutt

<b>Riskfactor</b>: Oblivious to reality

The hostile media effect, originally deemed the hostile media phenomenon, ...

Zehra Naqvi

Sensual wordplay

The student of literature looks for form and structure. The ...

Bubbles Sabharwal

The bitter cold heart of life

Life has a heart just as we do. Most times ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture