Increased selling of the American currency by exporters helped the rupee
Traders expect it to hold in a 60 to 60.30 range for the rest of the session
It hovered in a range of 60.05 and 60.21 per dollar during the morning deals
The short end of the curve will continue to remain a defensive and a carry bet
On Friday, the rupee ended at 60.19, compared with the previous close of 60.09 a dollar
Foreign currency assets, a key component of reserves rose by $959 mn to $286.59 bn
Rupee resumed lower at 60.22 per dollar as against the last closing level of 60.08
The Reuters survey is focused on what analysts believe are the current market positions in nine Asian emerging market currencies
Forex dealers attributed the rupee's fall to increased dollar demand from importers amidst rising global crude prices
Rupee resumed higher at 60.06 per dollar as against the last closing level of 60.39 per dollar
It briefly hit the day's high of 60.14 earlier today
On Wednesday the US Federal Reserve signalled that interest rates will stay low for a while yet.
Yield climbs up 7 basis points
A sharp fall in local equities amid slow down in capital inflows too had a negative impact on the rupee
The rupee resumed lower at 60.28 per dollar as against the previous closing of 60.03
Appreciation of the American currency against other rivals overseas affected the rupee
The rupee had earlier fallen to 60.55, a level last seen on April 29