Rupee rises, flows in focus

Tags: News
The rupee is trading at 60.37/38 versus its previous close of 60.45/46. The Indian unit's gains are likely to be limited by month-end dollar demand from importers.

Nifty is trading 0.4 percent higher. Local shares to be watched for cues on foreign fund flows.

Most Asian currencies trading stronger against the dollar.

USD/INR seen trading at 60.40 in the offshore non-deliverable spot indicative trade.

Asian stocks creep up following another steady performance by Wall Street shares, which hovered near record highs.

The pair is seen in a 60.30 to 60.60 range during the day.

EDITORIAL OF THE DAY

  • Public musn’t pay for domestic servants for our diplomats

    Nothing seems to have changed in the year and half since the fur that flew thick and fast over the case of diplomat Debjani Khobragade and her maid Sa

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

Economic integration in east Asia

As trade agreements within a global framework have become increasingly ...

Rajgopal Nidamboor

Up the ante of your conscious existence

It sounds cryptic, but is not as complex as it ...

Gautam Gupta

The ‘fake’ issue needs to be taken seriously

E-commerce players are witnessing unbelievable growth globally. Competition is increasing ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture