Rupee opens marginally lower against US dollar at 71.26

The rupee on Thursday opened marginally lower at 71.26, down 2 paise against the US dollar on Thursday. The domestic unit on Wednesday fell 17 paise to close at 71.24 amid a flare up of tensions between India and Pakistan.

Rupee came under pressure for the second successive session after tensions hightened between Indian and Pakistan. Uncertainty following the uncertainty could continue to keep market participants on the edge, says Gaurang Somaiya

Research Analyst (Currency) at Motilal Oswal Financial Services. 

On the domestic front, investors will keep an eye on Q3 GDP number. Expectation is that the growth number could disappoint and that