<div>The rupee is trading at 62.30/31 versus its close of 62.42/43 on Thursday (13 February).<br /><br />Weak US retail sales data has raised some investors' expectations for a slower reduction in the US Federal Reserve's monetary policy stimulus programme.<br /><br />The rupee is seen moving in a 62.20 to 62.60 range during the session.<br /><br />Local shares up 0.3 per cent and will be watched for cues on foreign fund flows during the session.<br /><br />Wholesale-price inflation data due around noon will also be key for direction.<br /><br />(Reuters)</div>
