MUMBAI: The rupee weakened on Tuesday to pull back from the two-month high touched in the previous session tailing weakness in Asian peers, the euro and local shares.
At 9:24 a.m., the partially convertible rupee was 44.50/51 per dollar, weaker than Monday's close of 44.425/435 when it had soared to 44.3525, a level last seen on May 3.
The euro was at $1.4485, weaker than $1.4514 at the close of local forex trade on Monday, while the index of the dollar against six major currencies was up 0.27 percent at 74.475 points, compared with 74.308 previously.
Indian shares fell 0.2 percent in early trades on Tuesday, with energy giant Reliance Industries leading the losses, amid weak Asian markets.
