Pair is seen holding in a tight range of 60.20 to 60.40 during the session
While softening core CPI, stable rupee and institutional demand provides support at higher yields, large supplies and global headwinds provides resistance at lower levels
The partially convertible rupee closed at 60.29/30 per dollar compared with 60.37/38 on Wednesday
Traders conplain Rajan's reforms have been too soon and taken without consulation with the markets
Data showed overseas investors sold Indian shares worth Rs 21.6 cr on Tuesday
Concerns over escalating tensions in Ukraine led to rupee trading at 60.28
It closed at 60.23/24 per dollar on Tuesday, compared with its Friday's close of 60.1750/1850
Is seen holding in a 60.20 to 60.50 range during the rest of the session
Money market rates having eased sharply in new fiscal year will possibly consolidate at current levels
On Friday, the rupee ended weak, to post a consecutive weekly fall after data showed the trade deficit widened to a five-month high in March
The life insurance industry is working hard to shake off the image of being seen as just another tax saving tool
The forex reserves have soared past $300 billion mark for the first time since December 2011
For the first time in 11 months of 2013-14 fiscal, the Reserve Bank did not purchase any dollars at all in February
Weak domestic shares also hurt the rupee
RBI reiterates they don't have a target for rupee
Traders say buying was likely for defence, oil-related payments