Rupee down 5 paise against dollar

Updated - January 16, 2018 at 01:28 PM.

rupee

The rupee retreated marginally to end at 66.42 against the dollar, ending a six-day winning streak due to mild demand for the American currency.

Firm US currency sentiment in overseas markets, recovering ground after the recent slide, alongside renewed dollar demand from banks and importers, weighed on the rupee, one forex dealer said.

However, consistent capital inflows and a recovery in local equities helped the local unit trim its initial losses.

Published on September 8, 2016 11:23