Most Asian currencies weakened as dollar index rose for the fifth day on gradual revival of US Federal Reserve rate hike expectations. At 9.10am, the home currency was trading at 66.86 a dollar, down 0.02% from its previous close of 66.84. The dollar index, which measures the US currency’s strength against major currencies, was trading at 96.463, up 0.07% from its previous close of 96.401. India’s benchmark Sensex index rose 0.39% or 110.15 points to 28,292.72. Mumbai: The Indian rupee on Tuesday was trading little changed against the US dollar, ahead of the Reserve Bank of India’s (RBI) bi-monthly policy due after 11am.

Source: Mint August 09, 2016 03:45 UTC