Rupee under pressure from high oil prices and strong dollar

Indian rupee seen opening weaker due to surging oil prices and a strong dollar index.
Upside limited by persistent dollar demand from importers and oil companies.
Equity inflows of $500-550 million expected Friday related to FTSE rejig.
US inflation data and Fed tightening weighing on emerging market currencies like the rupee.
Central bank intervening to curb rupee's depreciation, which is capped around 83.30 currently.