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The rupee fell for a third session to a near three-month low of 65.10 per dollar at the open. Traders were weighing the dollar's support from Federal Reserve Chair Jerome Powell's signal of gradual rate hikes, and awaiting Indian GDP data.
Sovereign bonds were on track for a seventh monthly decline.
A firmer dollar and rising US rates pressure emerging-market currencies, raising import costs for India. Expectations of tighter domestic policy also weigh on the rupee.
ndtvprofit.comSaloni DhanukaFeb 28, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
