 "Rupee edges up, fund flows and importer demand watched")
The rupee is trading at 60.21/22 versus its Friday's close of 60.28/29 as losses in the dollar versus other Asian units aid sentiment but further sharp gains unlikely due to importer demand.
Traders will also watch the domestic share market for cues on foreign fund inflows during the session.
The rupee is seen moving in a 60.00 to 60.50 range during the day.
Most other Asian currencies trading stronger compared to the dollar.
Asian stock markets inched higher as investors set aside geopolitical concerns to focus on the generally upbeat flow of US corporate earnings ahead of a host of results due this week.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app