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Rupee extends gains on dovish Fed; share gains aid

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Reuters
Last Updated : Oct 09 2014 | 3:26 PM IST

Reuters Market Eye - The rupee is trading at 60.94/95 versus Wednesday's close of 61.3950/4050 following dovish Fed comments.

The Indian unit earlier hit 60.9325, its highest since Sept. 24.

Fed's September meeting minutes released late on Wednesday suggest it is in no hurry to raise rates.

Asian currencies trading stronger versus dollar.

Shares to be monitored for clues on foreign fund flows.

Nifty trading 1.1 percent higher.

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(Reporting by Swati Bhat)

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First Published: Oct 09 2014 | 3:17 PM IST

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