Rupee Weakens to 64.64 on Sustained Capital Outflows

21-Jun-2017
Rupee Weakens to 64.64 on Sustained Capital Outflows

MUMBAI, JUNE 21: The rupee fell further by 15 paise to 64.64 against the US dollar on sustained capital outflows and a weak domestic equity market.

However, the dollar's weakness against other currencies overseas limited the rupee's fall.

Yesterday, the rupee had ended marginally lower by 6 paise to 64.49 against the US dollar in a range-bound trade on fresh bouts of demand for the greenback amid caution among investors ahead of GST rollout from July 1.

The benchmark BSE Sensex fell 62.55 points or 0.19 per cent to 31,234.98 in early trade.

Source: Thehindubusinessline.com

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