Rupee is trading higher at 60.71/72 and Nifty is up by 0.4 per cent
Rupee trades at 61.28 against the US currency(Photo: DC)
Mumbai: The rupee is trading higher at 60.71/72 versus Thursday's close of 60.76/77. Bunched-up dollar inflows hurting the pair, say traders. Foreign exchange markets were closed on Friday and Monday for holidays. The Sensex and Nifty hit record highs on Monday and trading up 0.4 per cent.
Dollar's gains versus certain other Asian units and majors to limit a sharp fall in the USD/INR pair. Index of the dollar versus six majors up 0.05 per cent.
The rupee is seen in 60.50 to 61.00 range during the session.
( Source : reuters )
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