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Rupee turns a tad lower against dollar at 65.15

Press Trust of India  |  Mumbai 

The rupee traded a shade lower at 65.15 against the dollar due to mild demand for the greenback from importers and banks despite the latter's weakness overseas.

The US Fed minutes signalled eventuality despite low levels.

The rupee resumed marginally higher at 65.13 as against yesterday's closing level of 65.14. It later slipped to 65.15 at 1020 hours.

"Higher local equities is restricting the rupee volatility," a trader said.

Meanwhile, FPIs withdrew Rs 107.95 crore on a net basis from stock markets yesterday, as per provisional data.

Overseas, the hit a two-week low versus a basket of currencies in early Asian trade after the minutes from suggested that some central bankers are still concerned about persistently low

The rose 112.62 points, or 0.35 per cent, at 31,946.61.

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

First Published: Thu, October 12 2017. 10:57 IST