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Rupee weakens at open tracking non-deliverable fwds

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Reuters MUMBAI

MUMBAI (Reuters) - The rupee opened weaker on Monday tracking the non-deliverable forwards while lower stock futures also hurt sentiment.

At 9:03 a.m., the partially convertible rupee was at 62.53/54 per dollar, compared to its close of 62.23/24 on Friday.

The Nifty India stock futures traded in Singapore currently down 1.1 percent.

(Reporting by Swati Bhat; Editing by Sunil Nair)

 

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First Published: Sep 23 2013 | 9:21 AM IST

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