Mumbai: The Indian rupee on Wednesday weakened marginally against the US dollar tracking losses in the local equity and Asian currencies markets. The rupee closed at 64.55 a dollar, down 0.03% from its Tuesday’s close of 64.54. The rupee opened at 64.56 a dollar and touched a high and a low of 64.51 and 64.63 respectively. The dollar index, which measures the US currency’s strength against major currencies, was trading at 96.204, down 0.2% from its previous close of 96.394. Dollar weakened after the US Senate’s move to delay voting on a healthcare reform bill rekindled worries on the timeline for President Donald Trump’s business-friendly policies.

Source: Mint June 28, 2017 03:50 UTC