google ad

google ad

Monday, April 21, 2014

Rupee near 1-month low tracking broad dollar losses - Economic Times

Rupee was trading at 60.68/69 after hitting 60.71, its lowest since March 24. The pair closed at 60.59/60 on Monday, posting its biggest single-day loss in more than a month.

Traders expect some consolidation in the pair later in the session. The pair is likely to hold in a 60.40 to 60.80 range during the day.


Most Asian currencies are also trading weaker compared to the dollar.


Traders will watch the domestic stock market moves for cues on foreign fund flows during the session



Copyright © 2014 Times Internet Limited. All rights reserved.


No comments:

Post a Comment

googlead