Rupee off session lows, share gains help
Is seen in a 60.50-60.75 range for the day
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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 60.54/55, off the session low of 60.68 and versus Monday's close of 60.5250/5350.
Traders said gains in the domestic share market are aiding sentiment for the rupee. Nifty is up 0.7%.
Most Asian FX, however, is trading weaker against the dollar, limiting a further fall in the USD/INR pair.
Dollar inflows are also low following the US Labor Day holiday on Monday.
The rupee is seen in a 60.50-60.75 range during the day.
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First Published: Sep 02 2014 | 2:22 PM IST