Rupee seen down tracking Asian units
Dealers said the rupee could open around 45.15 per dollar and trade in a range of 45.10-45.30. It had ended at 45.0607 on Monday, firmer than the previous close of 45.2425.
The rupee should drop on Tuesday tracking losses in its Asian peers and expectations for a weak opening in domestic shares.* Dealers said the rupee could open around 45.15 per dollar and trade in a range of 45.10-45.30. It had ended at 45.0607 on Monday, firmer than the previous close of 45.2425.* Most Asian currencies were weaker against the dollar on Tuesday.* At 0315 GMT index of the dollar against six major currencies was up 0.2% at 76.499 points, below 76.518 points at the close of the local forex market on Monday.* The MSCI index of Asian shares ex-Japan was down 2.8% and the Nifty India stock futures traded in Singapore was down 3%, suggesting a weak start to domestic sharemarket.