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Rupee down by 39 paise to 54.75 against US Dollar

Posted on Nov 09, 08:46PM | UNI

The Rupee weakened today by 39 paise to 54.75 against the US Dollar on rising demand for the greenback by banks and importers, dealers at the Interbank Foreign Exchange said.

Opening six paise higher, the Rupee slipped to close down by 39 paise to 54.75 against the dollar.

The rupee registered the day's high and low at 54.78 and 54.27 per USD, respectively.

The local unit was seen weak today owing to Dollar's gain against other major world currencies.