Rupee drops 6 paise to 64.79

PTI

Dollar’s weakness against other currencies overseas and early gains in domestic equity markets supported the rupee.   -  Getty Images/iStockphoto

Mumbai, Feb 26

The rupee failed to hold on to its early gains and slipped by 6 paise to end at 64.79 against the US currency on Monday due to fag-end dollar demand from importers and corporates. A robust rally in local equities and sluggish dollar overseas failed to provide any fresh impetus.

Forex sentiment turned shaky amid extreme caution, as the Centre is set to release GDP data for the December quarter on Wednesday.

Published on February 26, 2018
TOPICS
currency value

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