Rupee weaker; Fed outcome sends dollar higher

Reuters Market Eye - The rupee is trading at 61.19 vs previous close of 60.92/93. Asian currencies fall versus USD.

The Fed renewed its pledge to keep interest rates near zero for a "considerable time." For full story, click http://reut.rs/1u8RkV3

But some investors spooked after the Fed indicated it could raise borrowing costs faster than expected when it starts moving.

The dollar index is up 0.37 percent, highest in four years.

The Nifty is up 0.8 percent.

(Reporting by Gaurav Pai; gaurav.pai.thomsonreuters.com@reuters.net)