The rupee weakened to 68.72 against the US dollar on dollar demand from importers and strengthening of dollar against other currencies overseas.

The rupee sentiment was also hit as the wholesale inflation jumped to a 54-month high of 5.77 per cent in June against 4.43 per cent in May.

Widening of trade deficit to a more than three-and-a-half-year high of $16.6 billion on costlier crude oil imports also put pressure on the rupee.

The domestic unit opened a tad strong at 68.52 at the interbank forex market today. It hovered in a range of 68.72 and 68.52 before ending the session at 68.59, down 6 paise at 5 pm local time.

The rupee had ended up by four paise at 68.53 a dollar on Friday. Meanwhile, the benchmark BSE Sensex ended lower by 217.86 points or 0.6 per cent at 36,323.77.

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