<div>The rupee is trading at 61.94/95 versus its close of 62.04/05 on 20 December, tracking slight gains in most Asian sharemarkets.<br /><br />Traders will monitor the domestic sharemarket for cues on the direction of foreign fund flows.<br /><br />Asian currencies trading mixed versus the dollar.<br /><br />The BSE Sensex is up more than 100 points, while the MSCI index of Asian shares ex-Japan rises 0.45 per cent.<br /><br />Traders expect the USD/INR pair to hold in a 61.80 to 62.20 range initially during the session.<br /><br />(Reuters)</div>
