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

  • Legalising betting on cricket will raise tax collections for cash-strapped government

    Last month, Justice RM Lodha committee on cricket reforms made several groundbreaking recommendations to the Supreme Court.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Arun Nigavekar

Tablets, memory cards for educatioNext

The Commonwealth he­ads of government mee­ting held in Malta last ...

Rajgopal Nidamboor

Try to awaken the archaeologist within

Our mind is far ahead of René Descartes’ famous maxim, ...

Dharmendra Khandal

Urbanisation is costing us our wildlife

The road transport and highways minister Nitin Gadkari aims to ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture