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The rupee is trading at 58.88/89 versus its previous close of 58.93/94 on the back of some continued dollar inflows but losses in the euro versus the greenback and weaker local shares are expected to limit a sharper downside to the USD/INR pair.

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		The rupee is trading at 58.88/89 versus its previous close of 58.93/94, with dollar selling by some corporates but month-end demand for the greenback from importers limited the rise.</div>
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		The BSE Sensex was down 0.7% and will be watched for cues on foreign fund flows.</div>
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		Budget expectations would drive the markets in the near term, with traders expecting a range of 58.70 to 59.20 for the day.</div>
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Rupee continues to trade higher on corporate dollar inflows

Month-end dollar demand from importers limits gains

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