Rupee Ends Lower at 61.64 as Dollar Gains Ahead of US Jobs Data

Mumbai: The rupee fell to a three-week low on Friday, continuing to track falls in emerging market currencies as sentiment turned cautious ahead of key US jobs data that could help determine the timing of any interest rate hikes in the Americas. Unlike domestic bonds and shares, the rupee fell during the week tracking global gains in the dollar due to fears the Federal Reserve would move earlier than expected to tighten monetary...