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

  • Right to reveal

    Delhi is India’s first state to announce a scheme for witness protection. But what about the witnesses in other states?

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

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture