Rupee flat, pares early gains on rising dollar
Rupee was driven by hopes of continued foreign fund buying in shares and bonds
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<a href = "http://www.shutterstock.com/pic-107807486/stock-photo-image-showing-folded-indian-notes-of-rs.html?src=p5N32CFr8-mqwY5wKad6IA-1-21" target="_blank"> Rupees image </a> via Shutterstock.com
The rupee is trading at 60.84, unchanged from its 60.83/84 close.
It pared early gains on dollar strength globally after a fall in US jobless claims.
Shares edged higher, but gains were smaller than on Thursday.
Rupee was driven by hopes of continued foreign fund buying in shares and bonds.
Some relief was seen after Scotland voted against breaking from the United Kingdom. A 'yes' vote would have sparked volatility in FX markets, traders said.
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First Published: Sep 19 2014 | 3:00 PM IST