Rupee softens 10 paise against US dollar

Mumbai:The rupee weakened 10 paise to 64.53 against the US dollar on Tuesday due to  lurking fears that the US Fed is not done with raising borrowing costs, which would trigger capital flight from emerging countries, including India.

Also Read | Rupee dives 26 paise against US dollar

Yesterday, the rupee had ended flat at 64.43 against the US currency in a fairly range-bound trade.

Also Read | Rupee climbs 17 paise against dollar to 63.87

Meanwhile, the benchmark Sensex rose further by 80.96 points, or 0.25 per cent, to 31,392.53 in the opening trade today.

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