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Rupee plunges to over 13-month low of 63.67 Vs dollar

Rupee plunges to over 13 month low of 63 67 Vs dollar Extending losses for the fourth straight session, Rupee on Monday declined by 10 paise to log over 13-month closing low of 63.67 against the Greenback following sustained dollar demand from importers.

Firm local equities, fresh capital inflows and some weakness in dollar overseas restricted the rupee fall to some extent, a forex dealer said.

At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 63.66 a dollar from last Friday’s close of 63.57.

– PTI