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Rupee extends losses, tracks Asian currencies

Dollar trading at 11-month highs against major currencies

<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

Reuters
The rupee is trading at 60.77/78 versus its close of 60.61/62 on Wednesday.
 
The US dollar is trading at 11-month highs against a basket of major currencies after minutes of the Federal Reserve's July meeting sounded slightly hawkish.
 
Dollar's index versus six majors is up 0.05%.
 
Traders will monitor flows into the debt and share markets for direction.
 
The Nifty is up 0.03%.
 

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First Published: Aug 21 2014 | 1:25 PM IST

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