 "Rupee, Currency, Indian currency")
The rupee opened 26 paise higher at 71.45 against the US dollar on Wednesday. The domestic currency on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 as economic uncertainties continued to weigh.
Investors remained risk averse considering a host of factors including fast-spreading economic slowdown, outlook on foreign fund outflows and weakness in most emerging market currencies, according to forex traders.
However, there are expectations that the government will soon come out with stimulus measures to arrest slowdown in consumer demand in various sectors.
"Indian rupee declines for a second day
