ET:Rupee rises to 65.44, highest in 1-1/2 week; dollar inflows seen
The rupee was trading at 65.44/45 versus its close of 66.01/02 on Thursday as dollar inflows were seen in the market.
Traders said the inflows towards Mylan Inc's $1.6 billion deal to acquire a unit of Strikes ArcolabBSE 0.25 % which got cleared on Tuesday by the government was helping the pair.
Three other dealers also cited some external commercial borrowing related inflows.
The stock markets were trading up 1.3 percent with some dollar selling also seen from custodian banks.
Traders, however, expect the pair to hold in a broad 65.30 to 66.30 range ahead of the US non-farm payrolls data later in the evening.