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The rupee weakened by 13 paise to 64.95 against the dollar at the Interbank Foreign Exchange in early trade today on demand of the US currency among importers amid shrinking exports in September.
Pic Courtesy : BCCL
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The dollar was firm against major global currencies following stronger-than-expected US inflation data which dampened rupee sentiment, dealers said.
In This Pic : Rupee down on strong dollar demand
Pic Courtesy : BCCL
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The rupee also fell due to fresh demand for the American currency from importers and a lower opening in domestic equity markets, they added.
In This Pic : Rupee down on strong dollar demand
Pic Courtesy : BCCL
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