Rupee loses 5 paise against dollar to 64.12
The rupee today edged down by 5 paise to 64.12 against the dollar.
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Mumbai: The rupee today edged down by 5 paise to 64.12 against the dollar today as the latter found buying traction among importers ahead of RBI policy decision.
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On Tuesday, the rupee had racked up strong gains to end at a fresh two-and-a-half month high of 64.07 against the US currency, appreciating by 12 paise on heavy dollar selling amid expectations of a rate cut by the Reserve Bank.
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Meanwhile, the benchmark BSE Sensex climbed 111.31 points, or 0.34 per cent, to a new record 32,686.48 and the Nifty scaled a new high of 10,137.85 in opening trade. (PTI)