Rupee weakens 20 paise to 65.36 against dollar

DN Bureau

The rupee lost 20 paise to 65.36 against the dollar. Sensex rose 102.74 points, or 0.30 per cent, to 33,417.30 in early trade.

Rupee falls 20 paise
Rupee falls 20 paise

Mumbai: The rupee lost 20 paise to 65.36 against the dollar today on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually.

Also Read: BJP slams Congress for claiming credit over GST rate cuts

On Friday, the rupee had ended down 22 paise to end at a fresh one-month low of 65.16 against the US dollar due to frantic demand for the American unit from importers and corporates.

Also Read: Chidambaram attacks Centre again, says corruption thrives despite demonetisation

Meanwhile, the benchmark Sensex rose 102.74 points, or 0.30 per cent, to 33,417.30 in early trade.

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