The Indian rupee strengthened marginally after opening weak against the U.S. dollar.
The local currency closed at 81.55 against the greenback on Thursday, compared with 81.58 at the close on Wednesday. It opened at 81.63, depreciating five paise against the greenback.
"Most of the Asian peers were stronger on Thursday morning, tracking gains in the equity markets ahead of U.S. consumer price data and could cap losses," according to Reliance Securities.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
"Domestically, apart from inflation, IIP and manufacturing numbers after market hours could also have impact on sentiments," it said.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
