Rupee closes 11 paise lower at 65.06 against US dollar

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MUMBAI, OCT 8: The rupee went down by 11 paise to end at 65.06 against the US dollar on Thursday on fresh demand for the American currency from banks and importers.
The rupee opened lower at 65.14 as against yesterday’s closing level of 64.95 at the Interbank Foreign Exchange (Forex) market on initial dollar demand. It hovered in a range of 65.18 and 65.03 during the day before closing 11 paise lower, at 65.06.
The Indian currency dropped further against the pound sterling to close at 99.59 from 99.41 yesterday and fell against the euro to 73.37 from 73.13 in the previous session. It also fell against the Japanese currency to settle at 54.28 per 100 yen from 54.08 yesterday.

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