Rupee off lows on corporate flows
Reaction was muted to WPI inflation easing to a nine-month low in February
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<a href="http://www.shutterstock.com/pic-111991067/stock-photo-dice-on-rupee-coins-on-indian-currency-notes.html" target="_blank">Rupee</a> image via Shutterstock
The rupee is off one-week low on corporate inflows. Pair was last at 61.34/35 versus Thursday's close of 61.17/18 after hitting 61.55.
Dealers cited inflows from a large engineering company as well as from a software services company.
The pair is up 0.5% so far this week, on way to break two weeks of losses.
Reaction was muted to WPI inflation easing to a nine-month low in February.
Dealers cited inflows from a large engineering company as well as from a software services company.
The pair is up 0.5% so far this week, on way to break two weeks of losses.
Reaction was muted to WPI inflation easing to a nine-month low in February.
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First Published: Mar 14 2014 | 2:23 PM IST