Rupee falls in early trade
The rupee is trading at 60.83/84
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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 60.83/84 versus Tuesday's close of 60.6750/6850.
The USD/INR pair is likely to see some resistance in the 60.86-94 zone while there is good support at 60.58-60 levels, says a trader.
Dollar's gains versus other Asian units and majors aiding the pair.
Index of the dollar versus six majors up 0.08 percent.
The rupee is seen in a broad 60.50-61.00 range during the session.
Local shares to be watched for cues on fund flows. Nifty down 0.11% as of 9:37 am.
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First Published: Aug 20 2014 | 9:39 AM IST
