Rupee trades marginally lower ahead of CPI data
Traders expect the pair to trade in a range of 59.20 to 59.45 for the day
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<a href = "http://www.shutterstock.com/pic-107807486/stock-photo-image-showing-folded-indian-notes-of-rs.html?src=p5N32CFr8-mqwY5wKad6IA-1-21" target="_blank"> Rupees image </a> via Shutterstock.com
The rupee is trading at 59.33/34 versus its close of 59.27/28 in the absence of any fresh domestic triggers with traders watching the domestic stock market for cues on foreign fund flows.
Traders expect the pair to trade in a range of 59.20 to 59.45 for the day.
The consumer price inflation data and the industrial output data due around 5:30 pm will be watched for cues.
Asian currencies are trading mixed versus the dollar.
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First Published: Jun 12 2014 | 9:53 AM IST