The rupee's fall is attributed to increased demand for the US currency from importers and banks and a lower opening in the domestic equity market, reported a national news agency adding that the dollar's weakness against some currencies overseas limited the rupee's fall.
Forex and money markets were closed yesterday on the occasion of Parsi New Year. On Wednesday, the rupee ended with a modest loss of 3 paise at 64.15 against the greenback even as local equities put up a strong performance.
Meanwhile, the benchmark BSE Sensex plunged by 238.71 points, or 0.75%, to 31,556.75 as at 1141 hours on Friday, and the Nifty was trading at 9842.70, down by 61.45 points or 0.62%..
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