Rupee hits 3-week high

Tags: News
The rupee is trading at 60.52/53 versus the dollar after hitting 60.49, its highest since July 31 and higher than Thursday's close of 60.67/68. The pair is seen in a range of 60.40 to 60.80 during the session.

Traders will monitor debt market flows after foreign funds bought $2.65 billion in a single session on Wednesday.

The index of dollar versus six majors is marginally lower.

Asian shares rose in early trade after upbeat US data sparked another record close on Wall Street.

Local shares will be watched for cues on fund flows. The Nifty is up 0.4% in early trade.

EDITORIAL OF THE DAY

  • The ‘new-collar’ jobs will make their presence felt as AI spreads

    For second year in a row, global elite has talked about artificial intelligence (AI), which is bound to disrupt our lives in near future.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

Disequilibrium: The cleansing & the yearning

As Twitter trolls went about their ugly business against Zaira ...

BK Chaturvedi

The politics of election

Elections in five states have been announced by the election ...

Rajgopal Nidamboor

Of life’s essentiality and synchrony

It is no big deal to think of psychology as ...