Reuters Market Eye - Rupee at 52.7450/75, after rising earlier to a one-week high of 52.68 in intraday trade vs 52.9150/9250 last close. Dealers say positive sentiment on foreign fund inflows on GAAR delay, fears of an active RBI helping rupee.
Local stock, however, down 0.4 percent, bucking positive Asian trend.
Dealer tips 52.60-53.00 range for session.
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World financial leaders will agree to calibrate and communicate monetary policy carefully to avoid triggering capital flight, but will not call an expected U.S. rate rise a risk to growth, a draft communique showed. Full Article