Rupee opens 9 paise lower at 69.05 against US dollar

The rupee on Wednesday opened 9 paise lower at 69.05 against the US dollar. On Tuesday, the currency halted its six-day winning run to close 43 paise lower at 68.96 on emergence of demand for the greenback from importers.

The local currency also came under pressure due to rising crude pressure and a caution ahead of the outcome of the Federal Open Market Committee (FOMC) meeting.

The domestic unit on Monday had surged by 57 paise to close at an over seven-month high of 68.53 against the US dollar.

"Today, market participants could remain cautious ahead of the important FOMC