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MUMBAI, March 10: The Indian rupee ended slightly lower on Friday as selling by state-run banks, possibly on behalf of the central bank, got the upper hand over foreign investment inflows, dealers said.
The rupee ended at 44.4950/ 5050 per dollar, weaker than Thursday’s close of 44.48/49. It has shed about 0.4 per cent since last Friday.
It fell to 44.56 moments after the open, not far off Thursday’s two-week low around 44.5850, but dealers said foreign inflows at the start of share trading had given it a lift.—Reuters
