<div>The rupee is weaker at 62.375/385 compared with previous close of 62.315/325 on global dollar strength after strong US ISM data.<br /><br />Dealer says sharp fall in the September-quarter current account deficit, though on expected lines, is positive for the rupee.<br /><br />The pair continuing to have strong technical support at 61.9.<br /><br />Power Grid Corp of India follow-on share sale opens for subscription, plans to raise Rs 7083 crore.<br /><br />Foreign funds were buyers of $127.05 million in Indian equities on 2 December, provisional data showed.<br /><br />Asian currencies are mostly trading weak.<br /><br />The yen remained on the backfoot early in Asia on 3 December, having succumbed to further selling pressure on prospects of more stimulus from the Bank of Japan.<br /><br />(Reuters)</div>
