The dollar is near six-month peak ahead of the US GDP data and conclusion of the Fed’s two-day meeting. The Nifty is trading down 0.2 per cent. The broader index will be watched for clues on foreign fund flows. The USD/INR pair is seen in the range of 59.90 to 60.30.
The rupee is trading at 60.1950 versus its previous close of 60.1250/1350 as month-end dollar demand from importers hurts the Indian unit.