Reuters Market Eye - The rupee is off one-week low as dealers cite corporate inflows. Pair last at 61.34/35 versus Thursday's close of 61.17/18 after rising to 61.55.
Dealers cite inflows from a large engineering company as well as from a software services company.
The pair is up 0.5 percent so far this week, on way to break two weeks of losses.
Reaction muted to WPI inflation easing to a nine-month low in February.
(Reporting by Subhadip Sircar)
Trending On Reuters
Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article