Rupee slips 5 paise to 67.49/$

PTI Updated - January 20, 2018 at 03:58 PM.

rupee

Extending its fall for the eighth straight session, the rupee on Monday depreciated by another five paise to end at 67.49 to a dollar on sustained demand for the US currency from banks and importers.

A massive outflow of foreign funds on the back of stricter participatory notes (P-Notes) regime and renewed possibility of the Federal Reserve lifting US interest rates as early as June along with sluggish domestic equities largely impacted the domestic unit.

Published on May 23, 2016 11:25