Rupee extends losses, tracks Asian currencies

Dollar trading at 11-month highs against major currencies

The rupee is trading at 60.77/78 versus its close of 60.61/62 on Wednesday.

 

The US dollar is trading at 11-month highs against a basket of major currencies after minutes of the Federal Reserve's July meeting sounded slightly hawkish.

 

Dollar's index versus six majors is up 0.05%.

 

Traders will monitor flows into the debt and share markets for direction.

 

The Nifty is up 0.03%.