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Rupee drops 11 paise against US dollar to 65.00

Press Trust of India  |  Mumbai 

The pared its initial gains to slip 11 paise to 65.00 against the American in late morning deals, following a sudden bout of demand from importers and banks amid lower equities.

The opened a tad higher at 64.88 per as against yesterday's close of 64.89 at the here.

The domestic unit witnessed volatility and hovered between a high of 64.86 and a low of 65.06 in morning deals. It was trading at 65.01 at 1130 hrs.

Meanwhile, the US struggled against the yen and other major currencies in early Asian trade after the sudden dismissal of US erased an earlier bounce in the

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

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 11:35 IST
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