Indian rupee weakens

The Indian rupee ended weaker on Tuesday on worries about the outcome of a vote of confidence in the government after opposition politicians said they were offered bribes to abstain. The rupee had risen on expectations the government would win the vote, but slipped after the claims by the opposition politicians.
The partially convertible rupee ended at 42.73/74 per dollar, off an intraday high of 42.5650 and 0.1 percent weaker than Monday's close of 42.68/69. "The rupee rose on expectations the government will win the vote, but later market turned jittery seeing the latest developments," a senior dealer with a private bank said.