Rupee closes 25 paise weaker against US dollar at 65.05


MUMBAI, OCT 20: The Indian rupee, snapping its four-day winning streak, today ended weaker by 25 paise against American currency to 65.05 on fresh dollar demand from banks and importers.
The domestic currency opened sharply lower at 64.95 as against yesterday’s level of 64.80 at the Interbank Foreign Exchange (forex) market. It hovered in the range of 64.86 and 65.06 during the day before settling at 65.05 per dollar, registering a loss of 25 paise.
The RBI fixed the reference rate for the dollar at 64.8908 and for the euro at 73.5213.
The rupee went down further against the pound sterling to finish at 100.66 from 100.32 previously and also slipped further against the euro to 73.99 from 73.40.
The domestic currency ended lower against the Japanese currency to close at 54.39 per 100 yen from 54.20.


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