According to experts the rupee might trade in the range of 59-62 in the near-term
Strong US data helps Asian currencies
The dollar index was up by 0.45% against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since Sept 15
A widening trade deficit and a slump in local shares as part of a global market sell-off are the reasons
Lower domestic shares also drag rupee
RBI's inflation target likely to be met much before January 2016 deadline
Persistent foreign capital outflows affected the rupee sentiment
The Indian currency is expected to move in 60.90 to 61.30 range
It closed at 61.09 per dollar compared with 61.34 on Friday
Strong Chinese trade data pushes Asian currencies higher
In the week to September 26, reserves went down by $1.415 billion to $314.181 billion
The rupee resumed lower at 61.15 per dollar as against yesterday's closing level of 61.05
The rupee resumed higher at 61.13 per dollar as against yesterday's closing level of 61.40
Easing global crude prices and gains in other Asian currencies supported the rupee
The yield on 10-year benchmark bond slid five basis points to 8.41%, the lowest since Sept 2013
The rupee resumed lower at 61.46 per dollar as against yesterday's closing level of 61.43 per dollar
It is trading at 61.43 against dollar currently
Govt to fix inflation target, RBI panel will decide how to meet it; mix of Patel and FSLRC suggestions
Increased selling of the US currency by exporters and banks influenced the rupee
Many from this small lender have made it to other bank boards over the past 5 years