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Rupee down 9 paise against dollar at 64.65

The rupee weakened by 9 paise to 64.65 against the dollar in early trade on Friday at the Inter- bank…

Rupee down 9 paise against dollar at 64.65

(Photo: Getty Image)

The rupee weakened by 9 paise to 64.65 against the dollar in early trade on Friday at the Inter- bank Foreign Exchange market on increased demand for the American currency from importers and banks.

Dealers said a firm dollar against some global currencies overseas also weighed on the rupee but a higher opening of the domestic equity market capped the fall.

The rupee edged higher by 2 paise against the American unit to close at 64.56 on April 20 trade on emergence of mild selling of the American greenback by banks and exporters.

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Meanwhile, the benchmark BSE Sensex rallied 161.95 points, or 0.55 per cent, to 29,584.34 in early trade.

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