Rupee trades marginally lower at 61.62 to the dollar

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Rupee trades marginally lower at 61.62 to the dollar
The rupee was trading marginally lower at 61.62 to the dollar as against its previous close of 61.54 to the dollar.

The rupee has been trading in a range for the last few trading sessions. Dealers say that the rupee will continue to remain rangebound in the absence of any major triggers.To check rupee rates click here

Forex markets would now await cues from the RBI's monetary policy next week and the Federal Reserve Open Market Committee meet, which might see some action in the rupee.

The rupee has been trading rangebound though with a positive bias thanks to forex inflows from FIIs into the Indian debt market. To check rupee rates click here

GoodReturns.in

Story first published: Monday, January 20, 2014, 10:29 [IST]
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