Rupee lower tracking broad dollar gains; shares hurt
Jan 06 2014 , Mumbai
The index of the dollar against six major currencies trading up 0.1 percent. Most Asian currencies also trading weaker versus the dollar.
The Sensex is down 0.3 percent in early trade. Also, aid sentiment for the greenback and will be watched for cues on direction of foreign fund flows, traders say.
The dollar held steady in early Asian trading on Monday, supported by an upbeat outlook on the U.S. economy by outgoing Federal Reserve Chairman Ben Bernanke that fanned expectations of more stimulus reduction from the U.S. central bank.