Mumbai: Wednesday's Indian rupee marginally weakened in front of Federal Reserve officials ' speeches against US dollar monitoring losses in Asian currencies.
The domestic currency opened a dollar at 68.65. It was $68.63 at 9:10 am, down 0.11 percent from its prior 68.55 close.
Traders are looking at the two-day testimony given to Congress by Fed Chairman Jerome Powell following a surprisingly powerful job report last week on tempered bets for US interest rate reductions.
Back home, the 10-year bond yield was 6,592% compared to the closing of 6,588% on Tuesday. The Sensex Index benchmark rose 0.4 percent at 38885.99 points in pre-trade. The index has increased by 7.38 percent so far this year.
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