Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
The rupee recovered marginally at close against the dollar.
The Indian currency had appreciated by a whopping 85 paise in three-day surge
The domestic currency had last touched 65-level and ended at 65.24 on September 6, 2013. It moved in a range of 64.63 and 65.23 during the day.
Foreign institutional investors pulled out Rs 86.66 crore (Rs 866.6 million) from local stocks on Monday, as per provisional BSE data.
The currency lost six paise on sustained dollar demand from importers.
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
The rupee briefly touched 66.78 in late afternoon trade due to stray dollar buying by some banks.
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Fag-end dollar selling by exporters helped the rupee to recover lost ground and settle at the day's high of 60.77, a gain of 11 paise. The rupee earlier touched an intra-day low of 61.21 on July 8.
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