Business

Rupee opens higher; RBI policy awaited

Reuters | Posted on Jul 31, 2012 at 10:26am IST

Mumbai: The rupee was higher in opening trades on Tuesday as gains in Asian shares and a stable euro boosted the local unit.

At 9.02 am, the partially convertible unit was at 55.46/48 to a dollar as against 55.5850/5950 last close.

Traders said the rupee will take further cues from the RBI's rate decision, due at 0530 GMT.

Rupee opens higher; RBI policy awaited

At 9.02 am, the partially convertible unit was at 55.46/48 to a dollar as against 55.5850/5950 last close.

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