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Rupee higher power finance firm inflows

RUPEE-INDIA-MARKETS:Rupee higher power finance firm inflows

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Reuters MUMBAI

 

Reuters Market Eye - The rupee is trading higher with traders reporting corporate inflows lined up. Pair at 55.60/61 vs last close at 55.6650/6750.

Dealers say state-run power finance firm in market to sell about $250 million via large state-run bank.

Inflows follow similar-sized U.S. dollar selling from utility firm on Tuesday.

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First Published: Aug 29 2012 | 12:16 PM IST

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