Business

Rupee falls slightly; RBI policy in focus

  • Reuters, Mumbai
  • |
  • Updated: Jun 02, 2014 10:58 IST

The rupee slipped to 59.1650/1700 from its previous close of 59.10/11 as the dollar strengthened against Asian currencies but broader falls in the Indian unit are seen capped ahead of the RBI's monetary policy review on Tuesday.

Almost all Asian currencies are also trading weaker against the dollar.

All but three of the 52 economists polled by Reuters expect the RBI to hold key policy rates steady in its monetary policy review on Tuesday.

The rupee is seen trading in 59.10 to 59.30 range during the session.

 

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