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Rupee opens lower on importer demand

Published on Thu, Feb 23, 2012 at 09:12 | Source : Reuters

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MUMBAI (Reuters) - The rupee eased in opening trades on Thursday in anticipation of higher demand for dollars from oil importers.

At 9:01 a.m. (0331 GMT), the rupee was at 49.28/29 to the dollar, weaker than Wednesday's close of 49.22/23.

(Reporting by Aditya Phatak; Editing by Ranjit Gangadharan)

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