In worldwide trade, the American dollar traded with solid strength against all major emerging currencies
The Indian rupee was off to a bad start in the new year as it suffered the worst single-day drop in over two weeks today by falling 32 paise to end at 63.35 against the US dollar.
The rupee depreciated further by 7 paise to 65.12.
Forex dealers said weakness in local equities cast a shadow on the rupee. Dollar losing in overseas markets didn't impact the fall of the local currency, they added.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
Rupee is seen strengthening against the dollar.
Rupee hits new low at close against dollar.
Weakness in the greenback overseas against the backdrop of sluggish US macro data outcome helped the home currency move higher
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