MUMBAI, OCT 28: Snapping its two-day losing streak, the rupee today recovered by 4 paise to close at 64.93 per dollar on fag-end selling of the American currency by banks and exporters.
Resuming lower at 65.07 per dollar as against the last closing level of 64.97 at the Interbank Foreign Exchange market, the Indian currency moved down further to 65.09 on initial dollar demand from banks and importers before settling at 64.93, showing a gain of four paise.
The RBI fixed the reference rate for the dollar at 65.0408 and for the Euro at 71.7530.
The rupee strengthened further against the pound sterling to finish at 99.27 from 99.61 previously while moved down further against the euro to 71.88 from 71.82.
The domestic currency ended higher against the Japanese currency at 53.94 per 100 yen from 54.02.
