 "Rupee weakens marginally on weak GDP data")
The rupee weakened marginally in early trade because of the weak GDP numbers that came in on Friday after market hours.
At 9:15 am, the rupee was trading at Rs 65.83 per dollar compared with previous close of Rs 65.71 per dollar.
The GDP for the first quarter stood at 4.4% compared with 4.8% for the fourth quarter of the previous fiscal.
Meanwhile, the yield on the 10-year benchmark government bond 7.16% 2023 was trading at 8.54% compared with Friday's close of 8.60%.
At 9:15 am, the rupee was trading at Rs 65.83 per dollar compared with previous close of Rs 65.71 per dollar.
The GDP for the first quarter stood at 4.4% compared with 4.8% for the fourth quarter of the previous fiscal.
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According to currency dealers, the rupee may strengthen later in the day on the back of dollar sale by state-run banks on behalf of the Reserve Bank of India (RBI).
Meanwhile, the yield on the 10-year benchmark government bond 7.16% 2023 was trading at 8.54% compared with Friday's close of 8.60%.
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