Rupee falls in early trade

Tags: News
The rupee is trading at 60.83/84 versus Tuesday's close of 60.6750/6850.

The USD/INR pair is likely to see some resistance in the 60.86-94 zone while there is good support at 60.58-60 levels, says a trader.

Dollar's gains versus other Asian units and majors aiding the pair.

Index of the dollar versus six majors up 0.08 percent.

The rupee is seen in a broad 60.50-61.00 range during the session.

Local shares to be watched for cues on fund flows. Nifty down 0.11 percent as of 9:37 a.m.

EDITORIAL OF THE DAY

  • E-wallet companies must make their revenue models sustainable

    At a time when e-wallets have come to be accepted as the new normal, HDFC chairman Aditya Puri’s contention that digital payment companies have no f

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium: The Phantom of a Bloody Opera

As long as the walk between subjectivity and objectivity is ...

Sachin Shridhar

Strip numbers, see truth

Indian Parliament has over has over 34 per cent of ...

Kuruvilla Pandikattu

The eternal question of science & religion

Well-known physicist Stephen Barr, author of Modern Physics and ...