India rupee ends weaker but fresh record low not in sight

MUMBAI, Sept 25 - The Indian rupee depreciated on Monday, pressured by elevated U.S. Treasury yields and higher crude oil prices.

The rupee's gains that followed the announcement on Friday of India's inclusion in the JPMorgan emerging market bond index have been erased. The Reserve Bank of India will continue to defend the rupee, keeping it in a 82.80 and 83.30 band, Gupta added.Last week, the unit hovered close to its record lows but recovered after the JPMorgan announcement.

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