Rupee extends losses; lack of dollar supplies hurts

The rupee is at 60.00/01 versus its Friday`s close of 59.72/73, as lack of dollar supplies on account of the U.S. markets holiday hurts while caution also prevails ahead of the budget on Thursday.

Asian currencies trading mixed versus the dollar.

The dollar edged higher on Monday and touched its highest level in more than a week versus a basket of major currencies, staying on firm footing in the wake of last week`s solid U.S. jobs data.

Local shares up 0.2 percent.

USD/INR is seen moving in a 59.60 to 60.10 range during the rest of the session.