The rupee jumped 22 paise to 54.46 against the dollar today on a stronger euro and positive domestic equity markets.
The Indian currency opened stronger at 54.57 per dollar from Tuesday’s close of 54.68 on the back of a seven-week high euro and weak dollar.
Traders expect the rupee to further gain this week after the crucial vote on FDI in multi-brand retail due today. However, opposition from major political parties is likely to impact the vote.
At 9.48 am, the rupee was trading 20 paise higher at 54.48 to the dollar.
