
The rupee opened weaker on Monday in the wake of picking up in each of the past two sessions, with residential stocks anticipated that will give further heading to the money.
The rupee was exchanging at 59.46/47 to the dollar as against 59.385/395 Friday close. It hit a record level of 60.76 last week.
Outside gurus were purchasers of $189.15 million of Indian values on Friday, yet pressed on to remain dealers in rupee-obligation with deals of $114.09 million on Thursday.
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