Rupee at two-week low, tracking Asian equity weakness
Jan 24 2014 , Mumbai
Local shares falls 0.4 pct in early trade.
Local shares are under pressure after comments from Reserve Bank of India Governor Raghuram Rajan suggested that interest rates may continue to remain high.
The yen and Swiss franc held firm early on Friday, having charged higher overnight as worries about a slowdown in China and turmoil in some emerging markets spurred demand for the safe-haven currencies.