Rupee trades with marginal losses at 61.91 to the dollar

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 Rupee trades with marginal losses at 61.91 to the dollar
The rupee was trading with marginal losses at 61.91 to the dollar in early trade. Trading is likely to be thin in the forex markets on account of the festive season.

Demand from foreign funds is also likely to be weak as we usher in the post-Christmas season.

The rupee has been trading in a range and despite the Fed announcement of QE3 tapering, the rupee has remained relatively stable. Read more about QE3 tapering here.

Dealers say the currency is likely to trade in a range in the absence of any major cues.

GoodReturns.in

Read more about: dollar, qe3
Story first published: Thursday, December 26, 2013, 9:55 [IST]
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