Fundamental Analysis: Rupee : The rupee is expected to slip in initial trade on Monday, tracking drops in regional currencies and shares, with traders watching domestic stocks open for cues on the direction of capital flows. The partially convertible rupee closed 0.2 per cent weaker at 46.15/16 per dollar on Friday, h aving fallen to 46.2750 during trade, its lowest since January 5. The unit fell about 0.8 per cent last week., Negative.