<div>The rupee was trading at 60.13/14 marginally below above previous close of 60.17/18.<br /><br />However, the rupee is expected to continue to remain in a tight range ahead of the budget on July 10 with the geo-political situation in Iraq and Reserve Bank of India intervention being closely monitored.<br /><br />Traders will monitor the domestic share market for clues on the direction of foreign fund flows. The BSE Sensex is trading up 0.34 per cent.<br /><br />The dollar languished at seven-week lows against a basket of major currencies on Tuesday, having extended a month-long decline after a recent batch of mixed data cast doubts on the strength of the U.S. economic recovery.<br /><br />(Reuters)<br /><br /> </div>
