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Rupee recovers from three-month lows

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Reuters

Reuters Market Eye - The rupee is trading at 60.90/91 versus Friday's close of 61.18/19, tracking losses in the dollar compared with most other Asian currencies.

The pair is seen in 60.80 to 61.20 range during the session.

The Nifty is trading up 0.5 percent and will be watched for flows.

RBI policy review on Tuesday to be key for near-term cues. The central bank is expected to keep rates on hold, according to a Reuters Poll. (For full story, click http://in.reuters.com/article/2014/07/31/india-cenbank-poll-idINKBN0G00LB20140731)

(Reporting by Swati Bhat)

 

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First Published: Aug 04 2014 | 9:51 AM IST

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