Extending losses for the fifth straight session, the rupee on Thursday lost 13 paise to end at an 6-month low of 55.59, due to sustained dollar demand from importers amidst weakness in local equity markets.
The local currency resumed sharply lower at 55.85 a dollar from yesterday close of 55.46 on the Interbank Foreign Exchange market and dropped further to 56.01 before ending at 55.59, showing a loss of 13 paise, or 0.23 per cent.
It moved in a wide range of 56.01 and 55.54 during the day. This is rupee's lowest closing since 55.73 on November 26, 2012.
The BSE benchmark Sensex today dropped by 387.91 points to close at 19,674.33.
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