Mumbai: The rupee today edged lower by 1paisa to 64.46 against the dollar due to fresh buying of the American currency by importers. Traders said fresh demand of the US currency from importers weighed, but a higher stock opening and dollar’s weakness against other currencies overseas capped the rupee’s fall.
Yesterday, the local currency had gained 9 paise to end at an over three-week high of 64.45 amid unabated rise in domestic equities. Meanwhile, the benchmark BSE Sensex climbed 72.37 points, or 0.22 per cent, to a new record 32,109.75 in opening trade.
PTI