The rupee turned weaker after two straight days of gains and ended below the psychologically key 67-mark in a nervous trading session on Tuesday amid uncertainty over rate action by the US Fed. It lost a modest five paise to settle at 67.01 against the American currency. Sentiment across the globe was relatively muted.
The rupee traded cautiously ahead of the highly-anticipated monetary policy decisions by the US Federal Reserve and Bank of Japan. Most emerging Asian currencies too remained wary.
Both the major central banks are scheduled to announce their respective monetary policy decision on Wednesday.