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  Business   Market  13 Jun 2017  Rupee slips to 64.45 against dollar in opening trade

Rupee slips to 64.45 against dollar in opening trade

PTI
Published : Jun 13, 2017, 9:53 am IST
Updated : Jun 13, 2017, 9:53 am IST

Yesterday, rupee was down 20 paise to end at a one-week low of 64.44.

Rupee has kept a low profile.
 Rupee has kept a low profile.

Mumbai: The rupee today saw a subdued start with a loss of just one paise at 64.45 against the US dollar.

Strength in the dollar against other currencies overseas made the rupee keep a low profile.

 

Traders attributed the rupee's fall to increased demand for the US currency from importers and banks and a lower opening in the domestic equity market.

Yesterday, the rupee was down 20 paise to end at a one- week low of 64.44 amid concerns about a probable Fed rate increase.

Meanwhile, the benchmark BSE Sensex fell 19.90 points, or 0.06 per cent, to 31,075.80 in opening trade today.

Tags: rupee, us dollar, rupee dollar exchange, forex
Location: India, Maharashtra, Mumbai (Bombay)