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Rupee stays weak at 60.28

Almost all Asian currencies slide against the dollar

Reuters

The rupee is trading at 60.28/29 versus its previous close of 60.1325/1425, tracking the dollar's gains against other Asian currencies with weakness in the domestic share market also aiding sentiment.

The BSE Sensex is trading down 0.2% and will be watched for clues on foreign fund flows.

Month-end dollar demand from oil firms is also expected to keep an upward pressure on the pair.

Almost all Asian currencies slide against the dollar.

The pair is seen holding in a 60.00 to 60.40 range during the session.

 

 

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First Published: Jun 25 2014 | 1:30 PM IST

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