Rupee closes 21 paise stronger against US dollar at 64.82

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MUMBAI, OCT 15: Extending gains for the second straight session against the US currency, the Indian rupee firmed up by 21 paise to close at 64.82 a dollar on sustained selling by banks and exporters.
The rupee resumed sharply higher at 64.75 per dollar as against the yesterday’s closing level of 65.03 at the Interbank Foreign Exchange market, and strengthened further on persistent bouts of dollar selling by exporters to 64.71 before finishing at 64.82 per dollar, showing a gain of 21 paise.
The domestic currency has gained 36 paise or 0.55 per cent in two days.
In forward market today, premium for dollar ended lower on fresh receivings from exporters.
The RBI fixed the reference rate for the dollar at 64.8240 and for the euro at 74.50.
The rupee went down further against the pound sterling to finish at 100.38 from 99.89 previously while hardened further against the euro to 74.12 from 74.15. It ended lower against the Japanese currency to close at 54.82 per 100 yen from 54.40.

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