Rupee ends flat at 66.84

Dollar selling by banks and exporters towards close of market hours helped the rupee recover from early losses and settle flat at 66.84 against the US currency on Tuesday. End-of-day dollar selling on partial recovery in equity markets as the RBI kept key policy rates unchanged helped the rupee’s recovery, a forex dealer said. The rupee had dropped to 66.98 a dollar on dollar demand from banks and importers. It then recovered to 66.83 a dollar and closed flat at 66.84 a dollar.