Market News
Rupee ends flat, state run banks' dollar sales counter outflow pressure - REUTERS
MUMBAI, Nov 27 (Reuters) - The Indian rupee ended little changed on Thursday, as pressure spurred by outflows related to corporate debt repayments and routine importer hedging demand was capped by intermittent dollar sales by state-run banks.
The rupee closed at 89.3050 against the U.S. dollar, down marginally from its close at 89.27 in the previous session.
The rupee has stabilised after touching a record low of 89.49 last week, but traders and analysts say depreciation risks remain amid weak trade and portfolio flows and uncertainty around U.S.-India trade talks.




