Rupee weakens 18 paise against US dollar

Mumbai: The rupee falls 18 paise to 65.05 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange market on fresh demand for the American unit from importers and banks.

Also Read | Rupee falls 11 paise against US dollar in early trade

Yesterday, the rupee had gained 16 paise to close at a fresh 17-month peak of 64.87 against the US dollar on heavy selling of the American currency by banks and exporters.

Also Read | Rupee weakens 13 paise against dollar

In the meantime, the benchmark BSE Sensex was trading lower by 121.94 points, or 0.40 per cent, at 29,852.30 in opening deals. (With PTI inputs)
 

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• #Currency
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• #US Dollar