Rupee higher, tracking gains in other Asian peers

Tags: News
The rupee is trading at 59.91/92 compared with its Monday close of 60.0125/0225, tracking gains in other Asian currencies versus the dollar and on expectations of continued foreign fund inflows into local shares.

The dollar started trade in Asia on the back foot on Tuesday having run out of puff near a two-week high, giving the euro a chance to get over an unexpected slump in German industrial output.

Traders will monitor the domestic share market for clues on the direction of foreign fund flows. The Nifty is down 0.24 percent.

USD/INR is seen moving in a 59.70 to 60.10 range during the session.


  • Banking security breach reveals how vulnerable the system is

    Fear has gripped millions of Indians whose bank accounts have been compromised due to a massive security breach in the payments ecosystem linked with


Stay informed on our latest news!


Urs Schoettli

Just how useful are summits?

In the age of globalisation international summits play an increasingly ...

Zehra Naqvi

Of absolute truth & relative perception

Is there such a thing as absolute truth? Look around ...

Shona Adhikari

When art meets the artful

This week’s art news focuses on vastly different themes and ...