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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Skill gaps faced by India’s graduates cannot be filled easily

    India, the third largest economy in the world with regard to purchasing power parity, is expected to overtake China in its working population by 2028.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture