The rupee was trading weak at 66.49 in the evening trade due to heavy capital outflows from the equity market despite dollar's weakness against other currencies overseas. The benchmark BSE index plunged over 2 per cent on Friday and closed at its lowest level in over a year on weak global cues amid caution ahead of a key US jobs report due later in the day. The dollar sank against the yen on Friday as the safe-haven Japanese currency gathered bids after Tokyo shares fell to a seven-month low in nervous trading ahead of US jobs data due later in the day. The greenback was down 0.7 per cent to 119.22 yen. The US currency was on track for a 2 per cent loss this week, during which it has been pummelled by bouts of global risk aversion that favoured the yen and euro. The dollar index lost 0.2 per cent to 96.241. The rupee opened strong by 14 paise to 66.10 against the dollar in early trade on fresh selling of the US currency by exporters and banks. However, it slumped to 66.52 due to heavy FII selling before being quoted at 66.49 at 4.20 pm local time. The domestic currency moved in a range of 66.52 and 66.10 in the evening trade.

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