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Jul 12, 2012, 08.23 AM IST

Rupee opens lower as risk assets under pressure

MARKETS-INDIA-RUPEE:Rupee opens lower as risk assets under pressure

Source: Reuters
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Rupee opens lower as risk assets under pressure
MUMBAI (Reuters) - The rupee fell on Wednesday as investors again turned cautious on risk assets.


Traders said a weak euro and negative regional stock cues will continue to weigh on the rupee.


At 9.01 a.m., the rupee was at 55.68/70 to a dollar as against 55.39/40 last close.


(Reporting by Subhadip Sircar; Editing by Sunil Nair)


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