Rupee flat as geopolitical concerns ease

Asian currencies gain, dollar index up 0.08%

The rupee is trading at 61.16/17, little changed from its Friday close of 61.14/15. Occasional foreign fund flows are seen into the equity and bond markets.

 

The Nifty is up 0.7%.

 

Asian currencies also gained on easing geopolitical tensions over Ukraine. But broader sentiment in emerging markets is still seen weak.

 

The dollar index is up 0.08%.