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May 11, 2012 09:09 AM IST | Source: Moneycontrol.com

Rupee opens at 53.48 per dollar

The Indian rupee opened at 53.48 per dollar versus 53.43 yesterday.


The Indian rupee opened at 53.48 per dollar versus 53.43 yesterday.

Manis Thanawala, Greenback Forex said, "The rupee is likely to be flat in early trade. Any positive move in equity market could help sentiment but importer demand might cap gains. March IIP is expected below 2%. The rupee is seen between 53.20-53.80/USD."

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