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Rupee At 1-1/2 Week Low As Dollar Gains

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The rupee fell to 60.28 in early trading, its highest since July 22. It was last trading at 60.21 versus previous close of 60.06/07.

Dollar is still near six-month peak after upbeat US GDP data, but mixed views from the Federal Reserve tempers rally.

The Nifty was down 0.16 per cent; will be watched for clues on foreign fund flows.

The Indian unit is seen in 60.10 to 60.50 range.

(Reuters)
 


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