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Rupee falls as dollar rises overseas; oil cos watched

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Reuters

Reuters Market Eye - The rupee is trading at 61.8250 versus Tuesday's close of 61.74/75.

Dollar gains after plunging on Tuesday, up 0.21 pct.

Dollars buys from oil cos expected to help the USD/INR pair gain further.

Traders say next resistance is at 61.95, a 1-month high.

Most Asian currencies trading weaker versus the dollar.

Investors brace for FOMC minutes this week.

(Reporting by Gaurav Pai)

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First Published: Nov 19 2014 | 11:12 AM IST

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