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Rupee falls back into red at Rs 65.47 against USD

Prime News, National, Business, Mumbai, November 14:- The rupee went through ups and downs before trading 5 paise lower at Rs 65.47 against the dollar today as it lost its early gains after the American currency grew in appeal.

The rupee hit Rs 65.47 at 11.02 am compared to Monday’s closing level of Rs 65.42 at the forex market.

Globally, the US dollar came in higher against a basket currencies late Monday. Pound sterling fell against the dollar and the euro as investors got anxious about Theresa May’s ability to stay on as British Prime Minister and extract a favourable exit deal from the European Union.

The BSE Sensex dropped into the red zone, down 44.15 points, or 0.13 per cent, at 32,989.41 at 11.11 am.

-(NGB, Inputs: Agencies)

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