The rupee was trading weak by 23 paise at at 60.83 against the dollar at 2.59 p.m. local time.
The rupee opened weak at 60.67 per dollar against the previous close of 60.60 on strong demand for the American currency from oil importers.
According to dealers, gains in the dollar index has been hurting all emerging market currencies which has also weighed on the domestic unit.
Call rates, G-Secs
The overnight call money rate (the rate at which banks borrow money from each other to overcome short-term liquidity mismatches) opened sharply higher at 9.2 per cent against the previous close of 8.1 per cent.
The yield on 10-year benchmark 8.83 per cent bond, maturing in 2023, hardened a tad to 8.88 per cent from its previous close of 8.86 per cent. Prices fell to Rs 99.65 from Rs 99.78. Bond yields and prices move in opposite direction.
