Rupee falls after CPI, IIP data

Globally, Asian currencies are subdued on Ukraine crisis

The rupee is trading at 61.24/25 vs previous close of 61.08/09. Traders say the higher-than-expected rise in July CPI and dull June industrial ouutput weakened sentiment.

 

The BSE Sensex is trading 0.2% lower.

 

Globally, Asian currencies are subdued on continuous caution over Ukraine.

 

USD/INR seen holding in a 61.15 to 61.40 range for the day, say traders.