Rupee near one-week high; foreign fund flows watched

Tags: News
The rupee is trading at 60.14/15, after hitting 60.1225, its highest since July 17 and versus previous close of 60.24/25.

Importer dollar demand to meet month-end payment commitments will limit gains in the Indian unit.

The rupee is seen in 60.00 to 60.30 range during the day.

Most Asian units trading stronger against the dollar.

Foreign fund flows into the domestic sharemarket to remain key factor determining rupee direction. The Nifty is trading up 0.43 percent.

Asian stocks edge up as risk aversion triggered by recent geopolitical tensions continues to ebb.


  • Cyrus Mistry eased out as Tata shows its heft in Bombay House

    It is a classic board room brawl, only this time, it took place in the dignified and rarified air of Bombay House, home to the venerable Tata Sons.


Stay informed on our latest news!


Ananda Majumdar

Between mobocracy and the nation

Maharashtra Chief Minister Devendra Fadnavis’ well publicised act of peacemaking ...

Rajgopal Nidamboor

The physics of mindful awareness

Philosopher Aristotle emphasised the fact that “thinking always involves thinking ...

Shona Adhikari

Owais Husain searches for a lost homeland

The seventh edition of the Mumbai Public Art Festival (PAF) ...