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Aug 01, 2012, 11.25 AM IST

Rupee opens lower; awaits Fed outcome

MARKETS-INDIA-RUPEE:Rupee opens lower; awaits Fed outcome

Source: Reuters
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Rupee opens lower; awaits Fed outcome
MUMBAI (Reuters) - The rupee was lower in opening trades on Wednesday, taking cues from negative regional stocks, with the market awaiting the outcome of the Federal Reserve meeting later in the day.


At 9.01 a.m., the rupee was at 55.68/72 to a dollar as against 55.6450/6550 last close.


(Reporting by Subhadip Sircar; Editing by Prateek Chatterjee)


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