Mumbai, March 12 -- The Indian rupee is likely to lose momentum in opening trades on Wednesday tracking muted cues from equities as investors weigh trade uncertainties against Ukraine's acceptance of a U.S. proposal for a ceasefire with Russia. Small uptick in greenback overseas coupled with climbing international crude oil prices could also weigh on the currency. The dollar index however continues to stay around multi-month lows. Yesterday, rupee recovered some of its lost momentum and settled with a gain of 10 paise at 87.21against the US dollar. The US dollar index slumped adding to recent losses and testing fresh four month low. Meanwhile, the benchmark 30-share BSE Sensex hit an intraday low of 73,663.60 before cutting losses to end th...
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