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BW Businessworld

Rupee Edges Lower At Open

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The rupee was trading marginally lower at 62.37/38 versus its closeed of 62.31/32 on 6 January, tracking largely steady regional stock markets with traders looking ahead at the inflation data next week for a clearer direction.

The Sensex was up 0.3 per cent. India shares will be watched for cues on foreign fund flows.

Asian currencies trading mixed compared to the dollar. See for a snapshot. The index of the dollar against six major currencies up 0.06 per cent.

(Reuters)