<div>The rupee is trading at 60.04/05 versus its close of 60.16/17 on Friday (May). The unit rose as high as 60.03, its strongest since April 10.<br /><br />All Asian currencies stronger versus the dollar. The index of the dollar against six major currencies currently down 0.06 per cent.<br /><br />The dollar got off to a cautious start on Monday, having staged a curious reversal late last week that saw it erase all of the gains sparked by a strong payrolls report.<br /><br />Traders expect the spot market to hold in a 59.90 to 60.25 range initially and watch local shares for further cues.<br /><br />(Reuters)</div>
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