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Rupee flat; local stocks slightly weak

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Reuters

Reuters Market Eye - The rupee is trading flat with slightly higher bias. The pair is trading at 54.18/19 versus 54.21/22 last close.

Taiwan dollar, won, Singapore dollar, ringgit firm.

Foreign funds were provisional buyers of 14.5 billion rupees of equities on Thursday, exchange data showed.

Local stocks marginally weak, down 0.3 percent.

The dollar traded near a four-year high against the yen and kept an upper hand against the euro on Friday after an unexpectedly big slide in U.S. jobless claims alleviated some concerns about a slowdown in the world's biggest economy.

(Reporting by Subhadip Sircar)

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First Published: Apr 26 2013 | 9:44 AM IST

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