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The rupee gained marginally from the early losses against the dollar on a stronger euro and domestic equity markets.
The euro traded near a one-month high against the dollar as a fall in Spanish bond yields and strong US housing data boosted the global sentiment.
The Indian unit opened a tad weaker at 53.01 from Wednesday’s close of 52.88 on a weaker euro and as demand for the American currency continued from oil importers.
At 2 pm, the rupee was trading at 53.02 on mild dollar selling after touching an intra-day low of 53.10. The Indian currency is likely to remain under pressure from dollar buying by oil importers.
Call Rates, G-Secs
The overnight call money rates opened flat at 8.10 per cent from Wednesday’s close. Currently, the rates were trading stable at 8.10 per cent after it touched 7.95 per cent in the early trade.
The 10-year benchmark 8.15 per cent government security was trading higher at Rs 100.05 (yield: 8.13 per cent) from the previous close of Rs 99.97 (yiled: 8.15 per cent) on Wednesday.
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