Rupee little changed; US Fed policy, econ data watched

Tags: Rupee, News
The rupee was little changed on Tuesday at 60.61/62 compared with its Monday's close of 60.6450/65 as caution prevailed ahead of the outcome of US Federal Reserve's policy meet on late Wednesday and a clutch of US economic data in the week ahead.

Traders expect INR to be range-bound in the session, anticipating large month-end dollar demand from oil marketing companies to be offset by corporate and foreign inflows.

USD/INR seen trading in a 60.40 to 60.80 range during the day, according to dealers.

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