Rupee stronger on broad dollar losses
May 07 2014 , Mumbai
The rupee is seen holding in a 59.90 to 60.30 range initially during the session with traders monitoring domestic share moves for cues on foreign fund flows.
The New Zealand dollar tumbled on Wednesday after the country's central bank warned it may have to intervene to weaken the currency, while the U.S. dollar languished at six-month lows against a basket of major currencies.
All Asian currencies stronger versus the dollar.