U.S. Oil rises from one-week low, U.S. inventory data in focus
SINGAPORE U.S. oil on Thursday moved away from one-week lows touched the session before, with investors turning their attention to upcoming government data on U.S. inventories.
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.
Gold prices on Thursday held on to their losses from the previous session, when they fell 1 percent on a strong dollar, after Federal Reserve Chair Janet Yellen advocated lifting U.S. interest rates gradually.
NEW DELHI The Reserve Bank of India has injected 9.2 trillion rupees ($135.21 billion) worth of new currency notes into the banking system to help replace the notes banned in November, a parliamentary panel member quoted central bank governor Urjit Patel as saying on Wednesday.