Thursday, the Indian rupee opened lower against the dollar and hit a 15-day low of 50.07 at 12:10 am ET. If the Indian currency slips further, it may test support around the 50.6 level. The dollar-rupee pair closed yesterday's North American session at 49.6250.
India will announce wholesale price index data through May 2, with forecasts calling for an annual increase of 0.3 percent after the 0.7 percent jump in the previous reporting period.
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