Rupee to dollar: Indian currency retreats from session high; gains in local shares hurt

Sep 02 2014, 14:31 IST
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SummaryIndian rupee trading at 60.54/55, off the session high of 60.68 and versus Monday's close of 60.5250/5350.

Indian rupee trading at 60.54/55, off the session high of 60.68 and versus Monday's close of 60.5250/5350.

Traders say gains in the domestic share market hurting sentiment for the pair. Nifty up 0.8 percent.

Most Asian FX, however, trading weaker against the dollar, limiting a further fall in the pair. Full Coverage: Indian rupee vs US dollar, others

Dollar inflows also low following the U.S. Labor Day holiday on Monday.

USD/INR seen in a 60.50-60.75 range during the day.

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