Rupee weak at 40.35/36 per dollar

Mumbai, July 26: Rupee opened weak at 40.35/36 per dollar when the trade resumed today.

However, the unit is showing the signs of a come back taking cue from abundant capital inflows. Rupee is currently(1115) trading at 40.30/31 per dollar.

According to dealers, investors are highly cautious about a further intervention from the Reserve bank, which may come with measures to prevent the rallying Rupee.

''Rupee may cross the psychological barrier of 40.30 today unless further intervention come from the central bank. Rupee is likely to end at 40.25-35 margins today'', opined dealer.

UNI