Rupee weaker; still headed for best month in a year

Despite a fall on Monday, the rupee is on course for its best month in a year.

September 30, 2013 / 12:12 IST

The rupee fell on Monday, tailing global risk-off sentiment on a potential shutdown of the US government, but was still on course for its best month in a year.

Also read: Gods forbid: India's temples guard their gold from govt

The rupee was at 62.93/95 to the dollar versus its Friday close at 62.51/52.

Dealers will await the June-quarter current account and balance of payments data, due at 5 pm, with economists expecting the gap to widen from the March quarter.

first published: Sep 30, 2013 09:59 am

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