Rupee depreciates by 11 paise against US dollar to 65.00

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Rupee depreciates by 11 paise against US dollar to 65.00
Rupee depreciates by 11 paise against US dollar to 65.00

The rupee slipped by 11 paise to 65.00 against dollar in late morning deals, following a sudden bout of the American currency demand from importers and banks amid lower equities.

The rupee opened a higher at 64.88 per dollar as against yesterday’s close of 64.89 at the inter-bank foreign exchange here.

Meanwhile, the US dollar struggled against the yen and other major currencies in early Asian trade after the sudden dismissal of US Secretary of State Rex Tillerson erased an earlier bounce in the currency.

The 30-share BSE Sensex trading lower by 199.11 points or 0.59 per cent at 33,657.67

-PTC News