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Rupee at three-week low on weaker domestic shares

Rupee hits 60.8250 and Nifty is down by 0.3 per cent in early trade

Mumbai: The rupee hits 60.8250 in early trade, its lowest level since August 20. The pair is currently at 60.79/80 versus its Tuesday's close of 60.60/61. Traders will continue to monitor foreign fund flows for direction.

The Nifty is down 0.3 per cent in early trade. The pair seen in a 60.60 to 61.00 range during the session. Exporters are expected to step in to sell the greenback around 60.80-85 levels, preventing a very sharp rise in the pair. Asian currencies trading mixed compared with the dollar

( Source : reuters )
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