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Rupee falls in early trade

The rupee is trading at 60.83/84

<a href="http://www.shutterstock.com/pic-145704104/stock-photo-indian-currency-rupees-and-coins.html?src=p5N32CFr8-mqwY5wKad6IA-1-63" target="_blank"> Rupee image </a> via Shutterstock.com
Reuters
Last Updated : Aug 20 2014 | 10:07 AM IST

The rupee is trading at 60.83/84 versus Tuesday's close of 60.6750/6850.

The USD/INR pair is likely to see some resistance in the 60.86-94 zone while there is good support at 60.58-60 levels, says a trader.

Dollar's gains versus other Asian units and majors aiding the pair.

Index of the dollar versus six majors up 0.08 percent.

The rupee is seen in a broad 60.50-61.00 range during the session.

Local shares to be watched for cues on fund flows. Nifty down 0.11% as of 9:37 am.

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First Published: Aug 20 2014 | 9:39 AM IST

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