Rupee weakens by 45 paise at 46.65/67 per USD
Mumbai, Nov 19 (UNI) The Rupee today weakened by 45 paise at 46.65/67 against the dollar on heavy buying of the greenback by dealers, traders at the interbank foreign exchange (forex) said here.
The local unit opened lower by 20 paise at 46.40 in the opening trade. Later, it could not recover througout the session and ended negative at 46.65/67 per USD, down by 45 paise.
A wide oscillation was witnessed in the rupee as it recorded the day's high and low at 46.70 and 46.35 per USD respectively.
The Rupee depreciated today following losses in domestic shares and tracking the Dollar's gain versus major currencies, traders said.
The Reserve Bank of India (RBI) today fixed the reference rate at 46.41 per USD today, up by 15 paise from its last close of 46.26 per US Dollar.
The Euro too advanced by 37 paise at 69.26 from its last close of 68.89 per unit, a RBI statement said.
Six months forward dollar premium was recorded at 2.73/75 per cent (2.60/62) and one year forward premium at 2.63/65 per cent (2.58/60).
Among major global currencies, Euro closed at 69.27/29 (69.03/05) per unit, Pound Sterling finished at 77.50/52 (77.56/58) per unit and Yen closed at 52.45/47 (51.77/79) per 100 units, brokers added.
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