The Indian rupee opened at 53.84 per dollar versus 53.56 on Thursday.
Subramaniam Sharma, Greenback Forex Services said, "The rupee is expected to open flat around 53.55/USD. The market is hoping for a rate cut and if that happens the rupee could see some gains. However, it will continue to be driven by euro and action in domestic equities. The range for the day is seen between 53.30-53.80/USD."
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