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Rupee sheds 12 paise against US dollar

10:04 AM Apr 11, 2018 | Team Udayavani |

Mumbai: The rupee depreciated 12 paise to 65.11 against the US dollar in opening trade today ahead of the release of US Fed meeting minutes scheduled later in the day.

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However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses.

Meanwhile, foreign portfolio investors (FPIs) sold equities worth Rs 684.99 crore yesterday, provisional data showed.

Yesterday, The rupee had ended higher by 3 paise at 64.99 against the American currency amid easing US-China trade war fears.

Meanwhile, the benchmark BSE Sensex advanced by 92.26 points, or 0.27 per cent, at 33,972.51 in early deals.

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