Rupee falls 49 paise against US dollar in afternoon trade
The dollar recovered from a 15-month low against the yen to trade at 106.75, up 0.15% for the day.business Updated: Feb 20, 2018 13:41 IST
The rupee depreciated 49 paise, or 0.76% to 64.69 against the US dollar in afternoon trade at the interbank forex market on Tuesday, on increased demand for the greenback from importers and banks.
A strong dollar in overseas markets weighed on the Indian rupee, a currency dealer said.
On Friday, the rupee had ended 30 paise lower at 64.21 against the US dollar on rising global crude prices and worsening trade deficit.
On a net basis, foreign investors withdrew Rs 895.79 crore from stocks on Monday, according to provisional FPI data.
The dollar recovered from a 15-month low against the yen to trade at 106.75, up 0.15% for the day.
First Published: Feb 20, 2018 10:38 IST