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Rupee at 1-1/2 week low as dollar gains

Rupee falls to 60.28 and Nifty is down by 0.16 per cent in early trade

Mumbai: The rupee falls to 60.28 in early trading, its highest since July 22. The rupee was last trading at 60.21 versus previous close of 60.06/07. Dollar still near six-month peak after upbeat U.S. GDP data, but mixed views from the Federal Reserve tempers rally.

The Nifty is down 0.16 per cent; will be watched for clues on foreign fund flows.

( Source : reuters )
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