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Rupee off one-week low on corporate flows

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Reuters

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)

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First Published: Mar 14 2014 | 2:24 PM IST

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