Prime News, National, Business, Mumbai, October 3:- The rupee fell sharply by 32 paise to Rs 65.60 against the US dollar on Tuesday as the greenback took on more strength overseas.
Forex dealers said the greenback hit a one and a half month high overseas after US manufacturing activity in September rose to its highest level in 13 years, bolstering expectations of an interest rate hike.
However, they said, a higher opening in domestic equities kept the losses in check.
The benchmark Sensex climbed 331.56 points, or 1.05 per cent, to 31,615.28 in the opening trade on Tuesday.
–(NGB, Inputs: Agencies)