The Indian rupee closed at 1-week low as shares ended weak. Importers also bought dollars. But, dollar sales from exporters limits fall.
The spot rupee ended lower at Rs 46.48 per USD as against its previous close of Rs 46.11 per USD.
Government bonds ended higher as PM econ panel stressed need for continued easy money policy till end of FY10. Rise in US bonds on Tuesday aided buying. But 100-bln-rupee auction on Friday limited the gain.
The widely traded 6.90%, 2019 paper ended higher at Rs 96.90 as against its previous close of Rs 96.50.