The Indian rupee opened at Rs 47.10 per dollar versus Rs 46.92 yesterday.
On Tuesday, the spot rupee closed lower at Rs 46.92 per USD as against its previous close of Rs 46.65 per USD.
According N Subramaniam, Pinnacle Forex, the rupee is likely to take cue from domestic equity markets. The currency may be under pressure due to F&O expiry tomorrow. The range for the day is seen between Rs 46.70-47.10 per dollar.