Wednesday, 12 November 2014

DAILY FOREX UPDATES FOR 13/11/2014

Rupee little changed against dollar in early trade

The rupee was trading at 61.535/545 against the US dollar versus Tuesday's close of 61.55/56. Shares will be watched for clues on foreign fund flows. Nifty was up 0.2 percent in pre-open trade. Most Asian currencies were trading weaker versus the dollar. Index of the dollar versus six majors was up 0.1 percent. Caution prevailed ahead of retail inflation data that is likely to come out in the evening. CPI was seen rising at 5.8 per cent in October, a record low. Traders see the pair in 61.40 to 61.65 range during the session.


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