The rupee was trading at 60.04/05 versus its close of 60.16/17 on Friday, with gains in the dollar against other Asian peers and gains in the domestic share market improving sentiment.
The pair hit a high of 60.00 earlier, its highest since April 9. Traders expect the pair to see strong support at 60 levels, which if broken can take the pair to 59.80, they say.
Local shares trading up 0.55 per cent, with traders continuing to monitor the direction of foreign fund flows for cues. All Asian currencies stronger versus the dollar.
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