Indian rupee opens lower at 54.53 per dollar

Written By Unknown on Rabu, 20 Maret 2013 | 10.54

The Indian rupee opened lower at 54.53 per dollar as against previous day's close of 54.37 a dollar.

The euro slipped to 1.28 to the dollar, while the dollar index was just shy of the 83 mark.

Himanshu Arora, Religare said, "The rupee could be under pressure due to the ongoing political drama and RBI's comments on the surging current account deficit and the inflationary situation. The situation in Cyprus could strengthen the dollar against major currencies. The range for the day is seen between 54.24-54.60/USD."



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