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

  • Because our politicians elbowed out our teachers on Teachers’ Day

    The Swachch Bharat campaign made the highest leaders sweep. Teachers’ Day is making them teach.

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

Sachin Shridhar

Crouching tiger, hidden dragon

The Chinese are consummate gamblers. If you visit a casino ...

Zehra Naqvi

Capturing change

The pace of change in the world around us can ...

Gautam Gupta

Bring on the Benares brigade

It was in 2003 when I first started work and ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture