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Rupee stronger tracking share gains; inflation in focus

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Reuters

Reuters market Eye - The rupee continues to trade stronger at 62.18/19 versus its close of 62.30/31 on Tuesday, tracking gains in the domestic share market.

The BSE Sensex ends up 0.17 percent.

Traders expect the USD/INR pair to move towards 62.05 levels in late trade once oil demand reduces.

Almost all Asian currencies trading stronger versus the dollar.

(Reporting by Swati Bhat)

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First Published: Jan 08 2014 | 3:42 PM IST

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