Reuters Market Eye - The rupee is off one-month lows as dealers cite dollar selling by two foreign banks. Pair at 54.28/29, 54.44 intraday high, versus Friday's close of 54.22/23.
Dealers cite some dollar selling by exporters taking advantage of rupee at one-month lows.
Pair broke above its 100-day moving average on Friday, currently at 54.1374.
(Reporting by Subhadip Sircar)
Trending On Reuters
The BSE Sensex posted its worst monthly fall in more than two years, raising concerns a strong rally that saw indexes surge in the fiscal year was waning due to concerns about stock valuations and a more gradual economic growth. Full Article