Indian rupee edges down tracking Asian pairs, shares eyed

Jun 27 2014, 09:35 IST
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Indian rupee edges down against US dollar in early trade. Indian rupee edges down against US dollar in early trade.
SummaryIndian rupee edges down to 60.11/12 against US dollar versus its Thursday's close of 60.14/15.

Indian rupee edges down to 60.11/12 against US dollar versus its Thursday's close of 60.14/15, tracking the American currency's losses versus most other Asian currencies and majors with the domestic sharemarket being watched for further clues.

Most Asian currencies trading stronger against the dollar. The index of the dollar against six majors down 0.1 percent.

The pair is seen holding in a 60.00 to 60.40 range during the session.

Traders will monitor the domestic share market for clues on the direction of foreign fund flows. Shares trading up 0.3 percent in pre-open trade.

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