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Rupee falls tracking weaker Asian fx, CPI impact limited

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Reuters

Reuters Market Eye - The rupee is trading at 61.07 versus Friday's close of 60.65/66. The Indian unit tracks weaker emerging Asian currencies.

Data on Saturday showed China's factory output grew at the weakest pace in nearly six years.

Worries about Fed rate hikes also weigh.

Asian currencies are trading mostly weaker versus USD.

CPI data on Friday has limited impact since it came within expectations, dealers say.

 

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First Published: Sep 15 2014 | 10:04 AM IST

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