The rupee ended nine paise weaker at 60.56 to the dollar against the previous close of 60.47 on the back of the dollar strengthening in the overseas market and fresh dollar demand from oil importers. According to dealers, the rupee’s weakness is in line with the pressure on emerging market currencies after the US Federal Reserve chief Janet Yellen’s comments were seen as more hawkish than her European counterparts at a central bankers’ meeting. In intra-day trade, the domestic unit touched a high of 60.41 and a low of 60.58.
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