MUMBAI (Reuters) - The rupee closed in on its record low on Wednesday morning as rising geopolitical tensions in the Middle East and the possibility of a withdrawal of monetary stimulus by the U.S. Federal Reserve roiled risk assets.
At 0330 GMT, the rupee was changing hands at 68.31/32 to the dollar against 67.63/64 last close. It fell to a record low of 68.85 last week.
Bond yields rose 9 basis points to 8.67 percent.
(Reporting by Subhadip Sircar; Editing by Prateek Chatterjee)