Rupee likely to inch higher at open tracking Asian peers

The Indian rupee is likely to open slightly higher on Wednesday, aided by an uptick in its Asian peers, but traders reckon hedging demand from importers could limit the local unit's upside.Non-deliverable forwards indicate the rupee will open at around 83.31-83.32 to the U.S. dollar, mildly stronger compared to its close of 83.3425 in the previous session.