Mumbai, Jun 30 (PTI) The rupee lost 10 paise to a fresh one-month low of 64.73 against the dollar in early session today, with a decidedly lower start in stocks casting a shadow. Also Read - 'Another Phase of Greatest Witch Hunt', Says Donald Trump After US Senate Acquits Him in Historic Impeachment Trial
The American unit found greater traction among importers and banks. Also Read - US Court Seeks Status Report On Visas To Family Members Of H1-B Holders
Dealers attributed the rupee’s fall to fresh demand for the US currency and a subdued opening in domestic equities. Also Read - The Weeknd Performs Live At Super Bowl Halftime Show, Fans Share His Then-And-Now Photos
The slide in the rupee, however, was limited because the US dollar plunged to a 12-month low against the euro as odds rose that there could be shifts in monetary policy by the European Central Bank and the Bank of England.
Yesterday, the rupee had lost 8 paise to end at a one- month low of 64.63 against the greenback amid uninterrupted dollar demand from importers.
Meanwhile, the benchmark BSE Sensex was trading lower by 154.23 points, or 0.50 per cent, at 30,703.29 in opening spell.
This is published unedited from the PTI feed.