Rupee falls, rise in trade deficit raises concerns

Lower domestic shares also drag rupee

The rupee is trading at 61.65/6550 vs its previous close of 61.41/42.

Asian currencies logged gains, making weaker rupee an anomaly.

 

Traders cited concerns after India's trade deficit widened in September.

 

Domestic shares also fell tracking lower global markets. Nifty fell over 1.5%.