Rupee stays marginally lower; weak shares aid

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Rupee stays marginally lower; weak shares aid

This article was posted on Jan 7, 2014 and is filed under Market News

The rupee continued to trade marginally lower at 62.37/38 versus its close of 62.31/32 on Monday, with weakness in the domestic share market helping.

Domestic shares down 0.55 percent and will be watched for cues on foreign fund flows.

The next key trigger for markets is likely to be the December inflation data due to be released next week, which will be key in helping market participants firm up views about the RBI’s monetary policy review on Jan. 28.

The Indonesian r ..

Read more at:
http://economictimes.indiatimes.com/articleshow/28510587.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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