The Indian Rupee Opened Lower At 63.67 Per Dollar On Wednesday

The Indian rupee opened lower at 63.67 per dollar on Wednesday versus previous close 63.60.

Pramit Brahmbhatt of Veracity said, "On the back of negative cues from domestic equity market, the rupee will remain under pressure."

"We expect the USD-INR pair to trade in a range of 63.50-64," he added.

Asia stocks eased on Wednesday, pulling further back from record highs, as the recent rise in global bond yields weighed on equities.

MSCI's broadest index of Asia-Pacific shares outside Japan added to the previous day's losses and dipped 0.1 percent, after reaching a record high on Monday.

Australian stocks shed 0.4 percent, South Korea's KOSPI lost 0.3 percent and Japan's Nikkei dropped 0.3 percent.

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