But going ahead, the bias is towards the currency weakening

The rupee is stuck in a sideways range between 63.85 and 64.33 for more than a month. Within this broad range, the currency fell below 64 in the past week and closed at 64.14 on Monday, down 0.3 per cent for the week.Surprisingly, while the dollar index has tumbled about 8 per cent from around 100 in April to the current levels of 92, the rupee has remained stable, broadly between 63.5 and 65....