The spot rupee opened on a weak note at 61.37, down 14 paise as against the US dollar this morning, tracking weaker shares and broad gains in the dollar following the US Federal Reserve’s decision to keep its massive bond-buying stimulus in place.
Yesterday, the Indian currency ended at 61.23 per dollar.
Soon, the Indian rupee touched a low of 61.46.
Thereafter, the rupee recovered most of its losses and touched a day’s high of 61.29.
However, the spot rupee weakened further and is now trading with a low of 0.2 per cent (down 13 paisa) at 61.36.
Meanwhile, the rupee November futures started its second day on a soft note at 61.62, down 2 paisa from its previous close of 61.60.
However, the rupee futures extended its losses and dropped to low of 61.85 in early noon deals.
Further, the Indian rupee trimmed most of its losses and is now trading with a loss of 0.2 per cent (down 13 paisa) at 61.73.