Rupee opens weak at 61.91 to the dollar

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Rupee opens weak at 61.91 to the dollar
The rupee opened weak at 61.91 to the dollar, dropping 16 paise over Wednesday's close. The currency lost ground as the dollar gained against a host of other currencies.

The rupee has been weak for the last few days on the back of persistent demand for the dollar from foreign funds.

In fact, FIIs have been net sellers in stocks for the last few trading sessions.

The rupee is expected to trade in a range for most of the day. The currency markets would be closed on Oct 2, 2014. Check currency rates here

Read more about: dollar, currency, fiis
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