Image for representational purpose only. (File photo | Reuters) 
Business

Rupee slips to 64.45 against US dollar in opening trade

Strength in the dollar against other currencies overseas made the rupee keep a low profile, sources stated.

From our online archive

MUMBAI: The rupee today saw a subdued start with a loss of just one paise at 64.45 against the US dollar.

Strength in the dollar against other currencies overseas made the rupee keep a low profile.     

Traders attributed the rupee's fall to increased demand for the US currency from importers and banks and a lower opening in the domestic equity market.     

Yesterday, the rupee was down 20 paise to end at a one- week low of 64.44 amid concerns about a probable Fed rate increase.    

Meanwhile, the benchmark BSE Sensex fell 19.90 points, or 0.06 per cent, to 31,075.80 in opening trade today. 

Indian worker among four killed in one of biggest Ukrainian drone attacks on Russia

Kerala CM-designate Satheesan announces new cabinet; IUML names ministers ahead of swearing-in

Centre dismisses CBSE On-Screen Marking concerns; cuts revaluation fees for students

Fire breaks out on Rajdhani Express in MP’s Ratlam, all passengers rescued; traffic restored

Drone strike sparks fire on the perimeter of UAE's nuclear power plant, shaking Iran war ceasefire

SCROLL FOR NEXT