Rupee inches higher; importer dollar demand eyed

Mumbai: The rupee is trading at 60.14/15 versus Monday's close of 60.20/21, tracking gains in the offshore Nifty futures but month-end dollar demand for the greenback from importers is expected to limit any sharper rise.

The rupee is seen holding in a 60.00 to 60.30 range during the session and a broad 59.50 to 60.50 range until the federal budget due on July 10.

Asian currencies trading mixed compared with the dollar.Traders will monitor the domestic share market for clues on the direction of foreign fund flows.