Rupee off highs as importers buy dollars for month-end needs

Traders expect it to hold in a 60 to 60.30 range for the rest of the session

The rupee is trading at 60.17/18 close to Friday's close of 60.1850/1950, and off the session high of 60.05 with demand for the greenback from importers and custodian banks aiding.

Traders expect the pair to hold in a 60 to 60.30 range for the rest of the session with good demand from importers to meet month-end commitments limiting any sharp fall in the pair.

Weakness in domestic shares also seen helping sentiment for the pair. The BSE Sensex was trading down 0.6% and will be monitored for clues on foreign fund flows.