Rupee little changed; flows remain in focus

Tags: News
The rupee is trading at 60.48/49, little changed from its Wednesday's close of 60.4850/4950.

Traders closely monitoring fund flows for near-term direction.

The outcome of the ECB meeting on later in the day and the U.S. non-farm payrolls on Friday awaited.

Gains in other Asian units versus the dollar may limit the fall in the USD/INR pair.

The rupee is seen in 60.35 to 60.65 range during the session.

Losses in the domestic stock market will, however, hurt the rupee. Nifty trading down 0.2 percent.


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