Rupee opens at 59.62 vs dollar

Mumbai: The rupee opened on Tuesday weak by 21 paise at 59.62 per dollar against 59.41 on Monday.

Jayesh Mehta, Bank of America said, "The rupee is expected to trade on a weaker note on RBI's hawkish comments. Key policy rates are likely to be unchanged in today's policy. The range for the day is seen between 59.40-59.70/USD."

The euro stays above 1.32 to the dollar. The dollar index was around 81.70 levels and the dollar yen was at 98 mark.