Rupee falls more; weak stocks, euro

Reuters Market Eye - The rupee falls more, dropping to as much as 54.52, tracking weak stocks, euro, says dealers. The pair is at 54.46/47 versus Wednesday's close at 54.30/31.

February inflation, 12 p.m., will be closely watched with any reading of below 6.5 percent likely to cement rate cut hopes.

The RBI chief comments on budget a positive trigger for rate cut hopes, though he said inflation remains high and stubborn.

(Reporting by Subhadip Sircar)