Rupee dips further by 8 paise ahead of RBI policy

The rupee was trading at 64.51 against the US dollar at the forex today.

Published: 07th June 2017 11:58 AM  |   Last Updated: 07th June 2017 11:58 AM   |  A+A-

Rupee notes are seen in this picture illustration. | Reuters

Rupee notes are seen in this picture illustration. | Reuters

By PTI

MUMBAI: The rupee was trading lower by 8 paise at 64.51 against the US dollar in early trade today at the forex market amid caution ahead of the RBI's bi-monthly policy meet outcome due later in the day.   

Forex dealers said increased demand for the US currency from importers as also the greenback's gains against rivals overseas put pressure on the rupee.     

Yesterday, the rupee had ended 7 paise lower at 64.43 against the US dollar.     

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Meanwhile, the benchmark BSE Sensex was trading higher by 99.42 points, or 0.31 per cent, at 31,289.98 in opening deals.

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