Mumbai: Thursday's Indian rupee fell as the dollar rose to a two-month high, and US Treasury returns grew after Federal Reserve Chief Jerome Powell's remarks were more hawkish than anticipated.
The Indian currency opened at a low of $69.20 in five weeks and was traded in early deals at 69.16, down from its earlier close of 68.80.
The yield on the 10-year public bond was 6,392% compared to the closing of 6,369% on Wednesday.
The dollar index, measuring the strength of the U.S. currency against a basket of major currencies, stood at 98.81, up 0.3 percent from its prior 98.516 close.
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