Rupee loses 5 paise against dollar to 64.12
The rupee today edged down by 5 paise to 64.12 against the dollar.
Mumbai: The rupee today edged down by 5 paise to 64.12 against the dollar today as the latter found buying traction among importers ahead of RBI policy decision.
On Tuesday, the rupee had racked up strong gains to end at a fresh two-and-a-half month high of 64.07 against the US currency, appreciating by 12 paise on heavy dollar selling amid expectations of a rate cut by the Reserve Bank.
Meanwhile, the benchmark BSE Sensex climbed 111.31 points, or 0.34 per cent, to a new record 32,686.48 and the Nifty scaled a new high of 10,137.85 in opening trade. (PTI)