The Rupee Dropped By 18 Paise To 64.72 Against The Dollar - Dollar Advisory Financial Services

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Monday 6 November 2017

The Rupee Dropped By 18 Paise To 64.72 Against The Dollar

The rupee dropped by 18 paise to 64.72 against the dollar at the interbank forex market today amid fresh foreign fund outflows.

Traders said fresh demand for the US currency from importers and a lower opening of the domestic equity market weighed on the rupee.

The dollar's weakness against some currencies overseas, however, restricted the rupee fall, they added.

Foreign investors pulled out around Rs 9,690.84 crore from equity markets on Friday.

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