Rupee falls 4 paise versus dollar

The rupee on Tuesday weakened further against the US dollar in choppy trade, falling by another 4 paise to end at 67.15 ahead of tomorrow’s RBI policy outcome. Trading was largely confined to a tight range for most part of the day with no directional strength and market-moving factors. The domestic unit opened on a slightly positive note at 67.07 from the overnight close of 67.11 at the interbank forex market. But it soon lost ground in line with the local stock market and eventually touched a low of 67.23 in mid-afternoon deals before closing at 67.15, showing a loss of 4 paise, or 0.06 per cent.