Rupee slips on dollar sales from IT firm, refiner

INDIA-RUPEE-UPDATE:Rupee slips on dollar sales from IT firm, refiner

 

Reuters Market Eye - The rupee rises on corporate inflows, pair at 53.88/90 after rising to as high as 54.10, having closed at 54.08/09 on Monday.

Dealers say a large private refiner and a software services exporter sold dollars, pushing the pair down from its session high.

One dealer estimates sales of around $50-$100 million from each firm.

Outside of those flows, volumes largely thin ahead of RBI policy review due at 11 a.m.