Rupee flat, stuck in narrow range
The pair is seen in 59.95 to 60.20 range
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<a href="http://www.shutterstock.com/pic-145704104/stock-photo-indian-currency-rupees-and-coins.html?src=p5N32CFr8-mqwY5wKad6IA-1-63" target="_blank"> Rupee image </a> via Shutterstock.com
The rupee is trading at 60.0950/1000 versus its previous close of 60.1025/1125.
The Indian unit is stuck in a narrow range as greenback sales from custodian banks are offset by dollar buying from importers to meet month-end demand.
The Nifty is down 0.67% after hitting its lowest since July 22.
The rupee is seen in a 59.95 to 60.20 range.
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First Published: Jul 28 2014 | 2:38 PM IST
