Sluggish local equities after the Reserve Bank today kept key rates unchanged in its monetary policy and slowdown in foreign fund inflows put some pressure on the rupee, a forex dealer said.
The dollar index was sharply up by 0.60 per cent against a basket of six major global units. It was also up against other Asian units.
At the Interbank Foreign Exchange (Forex) market here, the domestic currency commenced lower at 61.60 from last close of 61.53.
It moved in a range of 61.82 and 61.55 before concluding at 61.75, a fall of 22 paise or 0.36 per cent from its last close. Yesterday, it had plunged by 38 paise or 0.62 per cent.
Last time the rupee settled at this level was on March 5 when ended at 61.75.
Meanwhile, the benchmark S&P BSE Sensex today closed better by 33.40
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