Rupee slips to 64.45 against Dollar in opening trade

  • IANS

    PTI | Mumbai

    June 13, 2017 | 5:04 am
GDP

(Photo: Getty Images)

The Rupee on Tuesday saw a subdued start with a loss of just one paise at 64.45 against the US Dollar.

Strength in the Dollar against other currencies overseas made the Rupee keep a low profile.

Traders attributed the Rupee's fall to increased demand for the US currency from importers and banks and a lower opening in the domestic equity market.

On 12 June, the Rupee was down 20 paise to end at a one- week low of 64.44 amid concerns about a probable Fed rate increase.

Meanwhile, the benchmark BSE Sensex fell 19.90 points, or 0.06 per cent, to 31,075.80 in opening trade on Tuesday.

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