The Indian rupee is expected to stay pressured in opening trades on Thursday, amid weakness in equities. Dollar strength and foreign fund outflows are also likely to weigh on the domestic unit. Asian equity markets mostly fell on Thursday, taking cues from a weak lead on Wall Street. Rupee recovered considerably against the dollar on Wednesday after the Reserve Bank of India (RBI) hiked the key repo rate by 35 basis points. At the interbank foreign exchange market, the local unit opened at 82.74 and touched an intra-day high of 82.40 and a low of 82.75 against the greenback. Powered by Commodity Insights
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