Traders expect rupee to be range bound ahead of US jobs data
Rupees image via Shutterstock.com
The rupee is trading at 62.36/37 versus its close of 62.5250/5350, tracking weakness in the dollar versus majors and other Asian currencies.
The index of the dollar against six majors was down 0.5%.
Traders expect the market to remain range bound ahead of the US jobs data on Friday, which is the next key trigger point for markets.
The pair is seen holding in a 62.00 to 62.80 range until the jobs data. The BSE Sensex was trading up 0.34% lower.
via Business - Google News http://ift.tt/1in3JQf
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