Rupee trades steady at 60.45 to the dollar

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Rupee trades steady at 60.45 to the dollar
The rupee was trading little changed over Friday's levels with the currency at 60.45 to the dollar, as against Friday's close of 60.46 to the dollar.

The dollar showed remarkable strength last week on the back of a surge in dollar inflows from Foreign Funds.

Dealers say that the RBI would be comfortable with the rupee at the current levels and may not like the currency to trade above the 60 levels. This is because it maybe necessary to continue to keep exports competitive.  To check rupee rates click here

Read more about: dollar, currency, rbi
Story first published: Monday, August 25, 2014, 11:20 [IST]
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