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The Indian rupee on Tuesday weakened against the US dollar, after local equity markets fell over 140 points ahead of data on industrial output and retail inflation, expected after market hours.
The rupee closed at 66.87 a dollar, down 0.09% from its previous close of 66.81. The local currency opened at 66.83 a dollar and touched a low of 66.97—a level last seen on 15 December. The rupee has fallen 6.54% during this fiscal year.
Bank Nifty opened at 25190 level, up by 67 points and was trading at 25158 level, up by 39 points ahead of RBI’s monetary policy decision. Punjab National Bank was top gainer in the index trading at Rs 159.1 per share, up by 1.02% ahead of its quarterly result.capitalstars
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