Mumbai: Tuesday's Indian rupee marginally weakened against the US dollar monitoring losses in its local equity and colleagues from Asia.
The home currency opened a dollar at 68.98. The currency traded at 69.02 at 9.15 am, down 0.12% from its prior 68.92 close.
The return on the 10-year public bond was 6,422% compared to the close of 6,418% on Monday. In pre-trade, the Sensex benchmark fell at 38077.16 points by 0.12 percent. The index has increased by 5.44% so far this year.
So far in the year, the rupee has increased 1.24 percent against the greenback, while foreign investors have purchased $10.14 billion in Indian equity and $2.63 billion in the debt market over the period.
After President Donald Trump announced a bipartisan agreement to suspend the US debt cap, Asian currencies were trading lower as Treasury returns grew. Thai Baht fell by 0.21%, Indonesian rupiah by 0.19%, Japanese yen by 0.16%, the Philippines by 0.15%, Malaysian ringgit by 0.13%, Singapore by 0.13%.
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