<div>The junior finance minister on Thursday expressed concern about the rupee's appreciation against all major currencies, except the US dollar.</div><div> </div><div>"As of now, we do have to find a zone for the rupee that prevents obviously inflation, etc., in India - which is one of the things that we are concerned about - but at the same time (it) doesn't push out of the zone of competitiveness," Jayant Sinha told foreign investors on Bloomberg TV.</div><div> </div><div>Sinha added that the rupee's 60-65 level against the dollar is a "good zone to be in".</div><div> </div><div>The rupee fell by 16 paise to 61.91 against the dollar in early trade on Thursday at the Interbank Foreign Exchange due to appreciation of the US currency overseas.</div><div> </div><div>The rupee had closed down by eight paise at 61.75 per dollar on Wednesday on fresh demand for the US currency from banks amid fall in stock markets.</div><div> </div><div>(Agencies)</div><div> </div>
