March 14, 2014 / 4:17 AM / 3 years ago

Rupee off one-week low on corporate flows

A street side restaurant owner holds a bundle of currency notes as he sits outside his restaurant in New Delhi November 22, 2013.Adnan Abidi/FILES

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

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below