Rupee flat against US dollar ahead of RBI monetary policy | business news | Hindustan Times
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Rupee flat against US dollar ahead of RBI monetary policy

The rupee closed 3 paise lower against the US dollar at 67.14.

business Updated: Jun 05, 2018 18:27 IST
Press Trust of India, Mumbai
IForex dealers said increased demand for the US currency from importers as also the US dollar’s gains against rivals overseas put pressure on the rupee.
IForex dealers said increased demand for the US currency from importers as also the US dollar’s gains against rivals overseas put pressure on the rupee.(Dhiraj Singh/Bloomberg)

The rupee ended flat against the US dollar on Tuesday, amid caution ahead of RBI’s policy decision on Wednesday.

The rupee closed 3 paise lower against the US dollar at 67.14.

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.

On Monday, the rupee had ended 5 paise lower at 67.11 against the US dollar.