The Indian rupee opened at 53.25 per dollar versus 53.22 yesterday.
Ashish Vaidya, UBS said, "The rupee could break the technical support at 53.06/USD, primarily driven by inflows expected from offshore investors in the Oil India OFS (offer for sale). The range for the day is seen between 52.75-53.30/USD."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!