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Rupee a tad down at 64

Rupee a tad down at 64.46

Fri July 14 2017

 

The rupee today edged lower by 1 paisa to 64.46 against the dollar due to fresh buying of the American currency by importers.

 

Traders said fresh demand of the US currency from importers weighed, but a higher stock opening and dollar’s weakness against other currencies overseas capped the rupee’s fall.

 

Yesterday, the local currency had gained 9 paise to end at an over three-week high of 64.45 amid unabated rise in domestic equities.

 

Meanwhile, the benchmark BSE Sensex climbed 72.37 points or 0.22 per cent to a new record of 32,109.75 in early trade.

 

Source: http://www.thehindubusinessline.com/

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