GET Stock QuotesNews18 APP
News18 English
»
1-min read

Rupee Weakens 20 Paise to 65.36 Against Dollar

Dealers also attributed the rupee's fall to increased demand for the US currency from importers and banks.

PTI

Updated:November 13, 2017, 10:17 AM IST
facebookTwittergoogleskypewhatsapp
Rupee Weakens 20 Paise to 65.36 Against Dollar
Image for representative purposes only.
Loading...
Mumbai: The rupee lost 20 paise to 65.36 against the dollar on Monday on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually.

The American currency overseas rose amid fresh foreign funds outflows.

Dealers also attributed the rupee's fall to increased demand for the US currency from importers and banks.

However, a higher opening in the domestic equity market capped the losses.

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.

Foreign investors had pulled out around Rs 529 crore from equity markets on Friday.

Meanwhile, the benchmark Sensex rose 102.74 points, or 0.30 per cent, to 33,417.30 in early trade.
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,101.30 -4.34
Indiabulls Hsg 653.80 -17.10
Dewan Housing 210.55 -10.75
Yes Bank 217.90 -6.04
Bajaj Finance 2,140.50 -0.47
Company Price Change %Gain
Sudarshan Chem 385.05 2.64
Indiabulls Hsg 654.25 -17.06
Reliance 1,101.65 -4.11
Dewan Housing 211.80 -10.37
Yes Bank 217.70 -6.06
Top Gainers
Company Price Change %Gain
HPCL 215.90 4.15
Sun Pharma 609.95 2.78
Kotak Mahindra 1,198.95 1.95
Bharti Infratel 264.45 1.71
Vedanta 211.10 1.51
Company Price Change %Gain
Sun Pharma 608.40 2.52
Kotak Mahindra 1,199.55 1.83
Vedanta 211.15 1.51
HUL 1,579.20 1.16
ITC 288.45 0.73
Top Losers
Company Price Change %Gain
Indiabulls Hsg 653.80 -17.10
HCL Tech 958.50 -6.42
Yes Bank 217.90 -6.04
HDFC 1,660.25 -4.46
Reliance 1,101.30 -4.34
Company Price Change %Gain
Yes Bank 217.70 -6.06
HDFC 1,661.30 -4.32
Reliance 1,101.65 -4.11
Hero Motocorp 2,711.00 -3.70
Infosys 682.60 -3.11

Live TV

Loading...
Loading...