The rupee managed to pare its initial steep losses and closed with a marginal fall of three paise at 64.52 a dollar on sustained demand for the American currency from importers and banks. Steady capital outflows amid caution ahead of the release of RBI’s minutes of its bi-monthly policy meeting largely weighed on forex trade. Subdued local equities too impacted the trading pattern.
Rupee dips 3 paise to 64.52/$
Published on
June 21, 2017 10:55