Reuters Market Eye - Rupee trades stronger at 54.10/11 versus its Wednesday's close of 54.21/22 as slight falls in the global crude oil and gold prices continue to keep up hopes of a rate cut by the RBI in early May.
The pair is seen holding in a 53.90 to 54.26 range during the session, traders say.
The fall in global crude and gold prices will reduce pressure on the country's record current account deficit, which has been a key factor weighing on the rupee, and provide more room to the central bank to lower rates.
Most Asian currencies also trading weaker compared with the dollar.
(Reporting by Swati Bhat)
