Rupee continues to trade higher

Reuters
A streetside restaurant owner keeps money received from a customer in Mumbai
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A streetside restaurant owner keeps money received from a customer in Mumbai December 5, 2013. REUTERS/Danish …

Reuters Market Eye - The rupee is trading at 61.88/89 versus its close of 61.9525/9625 on Monday. The pair dropped as low as 61.8275, its lowest since December 18.

Traders expect the market to remain in a 61.75 to 62.05 range during the session.

Domestic shares trading down 0.3 percent after having been up earlier in the day.

(Reporting by Swati Bhat)

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