Rupee weakens on month-end dollar demand

Bearish sentiments in equity markets affect rupee

<a href="http://www.shutterstock.com/pic-107101346/stock-photo--indian-rupees-high-resolution-seamless-texture-indian-money-seamless-texture.html" target="_blank">Online</a> image via Shutterstock
Neelasri Barman Mumbai
Last Updated : Jan 22 2014 | 10:13 AM IST
The rupee weakened in early trades today due to month end dollar demand from importers. Bearish sentiments in equity markets also contributed to the weakness.

At 10:00 am, the rupee was trading at Rs 61.94 compared with previous close of Rs 61.88 per dollar.

The rupee is seen weakening further during the day, said currency dealers.

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First Published: Jan 22 2014 | 10:11 AM IST

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