Tuesday, 9 September 2014

Rupee Falls To 60.44 Tracking Broad Dollar Rally

The rupee was weaker at 60.44/45 versus its Monday's close of 60.29/30. Dollar traded at 14-month highs against a basket of major currencies early on Tuesday.


The index of the dollar against six majors was up 0.27 per cent. The pair is expected to trade in a 60.20-60.60 range during the session.


Most other Asian currencies were also trading weaker compared with the dollar. Traders will continue to monitor foreign fund flows for direction,


Source:- profit.ndtv.com





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