Rupee weakens vs dollar as Fed official calls for faster tapering
NEW DELHI: The rupee weakened against the US dollar on Monday as talk of a faster pace of bond tapering by the Federal Reserve fuelled a global strengthening of the greenback, dealers said. The partially convertible rupee opened at 74.3450 to a dollar on Monday, 0.15 per cent weaker than 74.2350 at the previous close. … Read more