Rupee down on month-end dollar demand
Is seen rangebound ahead of Fed meet
)
<a href = "http://www.shutterstock.com/pic-107807486/stock-photo-image-showing-folded-indian-notes-of-rs.html?src=p5N32CFr8-mqwY5wKad6IA-1-21" target="_blank"> Rupees image </a> via Shutterstock.com
The rupee fell to 60.72/73 compared with its Friday close of 60.60/61 on the back of month-end dollar demand from oil importers.
Broader advances in USD/INR are seen limited ahead of the US Federal Reserve's two-day policy meet beginning Tuesday.
USD/INR seen trading in a broad 60.40 to 60.80 range for the session, according to dealers.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 28 2014 | 10:01 AM IST
