Mumbai: Mumbai: The rupee rose to a one-week high on continued custodial inflows. The rupee-dollar pair was at 54.58/59 versus its last close of 54.75/76. The Indian currency slipped to 54.57, its lowest since January 3.
"Good flows continue to hit the market. Oilers are doing sporadic buying, but are well supplied," says private bank dealer.
The pair has immediate support at 200-DMA at 54.5550.
