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Rupee faces heat from rising dollar, down 10 paise at 64.18
Published : Dec 27, 2017, 10:36 am IST
Updated : Dec 27, 2017, 10:36 am IST
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Mumbai: The rupee gave up 10 paise at 64.18 against the dollar today, facing heat from a rising dollar overseas. The US currency held on to its advantage because of unabated month-end demand from importers and banks amid foreign capital outflows.   


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The dollar was firm against a few global currencies, but the strength in domestic equities came as a buffer for the rupee losses, analysts said. In the opening session, the domestic unit fell 10 paise at 64.18. Yesterday, it had ended lower by 3 paise at 64.08 in a quiet trade.   


The benchmark BSE Sensex went up 76.71 points, or 0.22 percent, to scale yet another new peak of 34,087.32 in early session today. PTI

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