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The rupee weakened to 65.64 on fresh dollar demand from importers.Rising crude prices on the back of widening trade deficit concerns continue to linger on the rupee.
Crude oil rose amid worries of a high risk of disruptions to supply, especially in West Asia.
The rupee opened strong at 65.45 at the interbank forex market today. It hovered in a range of 65.70 and 65.40 before ending at 65.64, down 15 paise.
Yesterday, the rupee fell 29 paise to close at a six-month low of 65.49 against the US currency on widening trade deficit concerns amid heightened geopolitical worries.
Meanwhile, the benchmark BSE index posted its longest winning run since early September 2014, after closing higher by 89.63 points or 0.26 per cent at 34,395.06.
In the overseas market, the dollar was flat against a basket of major currencies, it held near a two-week low tested earlier in the Asian session.
Against the yen, the dollar fell to 107.06 yen, off the seven-week high of 107.78 yen it touched on Friday, before a meeting between Trump and Japanese Prime Minister Shinzo Abe on Tuesday and Wednesday.
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