"dollar-index"

Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand

At the interbank forex market, the local unit opened at 72.58 against the greenback and witnessed an intra-day high of 72.29 and a low of 72.58.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.15 per cent to 90.91.

At the interbank forex market, the domestic unit witnessed a highly volatile trading session. It opened at 73.45, pared the gains and finally closed at 73.81 against the greenback.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.13 per cent to 92.26.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.02 per cent to 93.02.

Traders said most Asian currencies opened weak against the US Dollar Index, which started with gains on Wednesday morning in Asian trade ahead of the US Presidential election results.

Most of the Asian currencies have started marginally weak against the US dollar this morning and could weigh on sentiments.

The newly-constituted MPC of the Reserve Bank began its three-day deliberations on Wednesday. The decision of the rate-setting panel will be announced on October 9.