Rupee rises; risk mood better after US retail data

The rupee opens higher at 52.91/93 versus its previous close of 53.015/025, tracking improved global risk appetite after stronger-than-expected U.S. retail sales data.

Dealers will watch for oil, gold-related USD demand during the session.

The Sensex gains 0.4 percent, while the MSCI Asia ex-Japan index is up 0.6 percent.

The dollar hovers near a one-week high against the yen, and looks set to tackle key resistance levels.

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