HomeNewsBusinessMarketsRupee pares initial losses, still down by 2 paise vs USD

Rupee pares initial losses, still down by 2 paise vs USD

The Indian rupee resumed lower by 4 paise at 65.40 per dollar as against Monday's closing level of 65.36 at the Interbank Foreign Exchange (Forex) Market here today.

March 21, 2017 / 11:36 IST
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The rupee pared initial losses, but was still quoting lower by 2 paise to 65.38 against the American currency on bouts of dollar demand from banks and importers.

The Indian rupee resumed lower by 4 paise at 65.40 per dollar as against Monday's closing level of 65.36 at the Interbank Foreign Exchange (Forex) Market here today.

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The rupee fell further at 65.4450 before quoting at 65.38 per dollar at 1030 hours.

The domestic currency hovered in a range of 65.4450 and 65.3750 per dollar during morning deals.