 "Rupee continues to trade weaker; focus now on WPI, policy")
The rupee continues to trade weaker at 62.09/10 versus its close of 61.81/82 on Thursday as higher-than-expected retail inflation pushes up expectations of a rate hike by the central bank at its upcoming monetary policy review on December 18.
Weakness in domestic shares hurts the rupee. The BSE Sensex is trading down 1 percent.
Sharply higher food prices drove up retail inflation to 11.24 percent in November from 10.17 percent in October, data released on Thursday shows.
Traders are now awaiting the wholesale price inflation data on Monday for a further confirmation of their rate hike bets ahead of the policy review.