Rupee trades flat in line with domestic shares
Rupee is steady at 59.93/94 and Nifty is trading up by 0.1 per cent on Monday
Mumbai: The rupee is steady at 59.93/94 compared to Friday's close, as the stock market trades flat on back of foreign investor sales, even as Asian currencies trade mixed against the dollar. Overseas investors sold Indian shares worth 7.23 billion rupees ($120.60 million) on Friday, provisional exchange data shows.
The rupee is seen moving in a 59.70 to 60.50 range during the session.
The Nifty is trading up 0.1 per cent. The local sharemarket will provide cues on the direction of foreign fund flows.
( Source : reuters )
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