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.

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E-mail ID will not be published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

  • For those who are left to survive a war-torn world, let there be peace

    The hunger games have begun, and they have started reaping our children. There is no way around it.

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

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture