<div>The rupee opened higher on corporate dollar inflows, with the pair at 62.28/29 versus its previous close of 62.50/51. Dealers speculate inflows relate to Mylan Inc's purchase of a unit of Strides Arcolab Ltd. The deal was valued at around $1.6 billion when announced in February.<br /><br />"The deal-related flow has been hitting the market for the past few days," says dealer.<br /><br />Month-end oil-related dollar demand will keep the pair bid.<br /><br />Foreign funds were sellers of $54.27 million in Indian equities on 27 November, provisional data showed.<br /><br />Asian currencies trading lower. See<br /><br />The dollar wallowed at one-week lows against a basket of major currencies on Wednesday, undermined by lower Treasury yields after a batch of data failed to sway markets one way or the other over when the Federal Reserve will scale back stimulus.<br /><br />(Reuters)</div>
