The rupee weakened on Friday tailing negative local shares and dollar demand from oil firms, with the weakness in the euro also weighing.
* At 9:20 a.m., the partially convertible currency was 49.17/18 per dollar, from Thursday's close of 49.12/13. Traders expect the rupee to trade in a 49.00-49.30 range in the day.
* Inflation data due around noon (0630 GMT) will be watched for cues on the likely stance of the central bank, which reviews policy on Oct. 25. Most people are expecting a 25 basis points increase in key rates.
* The wholesale price index probably rose 9.70 percent in September from a year earlier, easing slightly from 9.78 percent in August, a Reuters poll showed.
* The main 30-share BSE index was down 0.25 percent at 16,841.03 points, with 21 of its components in the red.
* The euro edged lower on Friday after S&P cut Spain's ratings, but still remained on track for the biggest weekly rally since January after getting lifted by a flurry of short-covering.
* The euro was trading at $1.3755, compared with $1.3737 when the rupee closed on Thursday. The index of the dollar against six major currencies was at 77.141 points, below 77.204 points on Thursday.
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