Key Points
The Indian rupee opened paise lower against the US dollar on Thursday ahead of the Reserve Bank of Indias monetary policy announcement and decision on interest rates..
The rupee opened at 82.59 a dollar against the previous close of 82.55...
On Wednesday, the rupee ended 5 paise higher at 82.55 against the US dollar led by foreign fund inflows and improved sentiment..
In the Asian markets, the offshore Chinese yuan dropped below 7.1550 to the dollar, the lowest since November last year, on concerns over Chinas economic outlook..
On Wednesday the Foreign Institutional Investors (FII) bought Indian shares worth 1,382.57 crore, while the Domestic Institutional Investors (DI) purchased shares worth 392.30 crore, as per the data on exchanges..
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