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.

EDITORIAL OF THE DAY

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