Rupee slides 15 paise against dollar on lower opening of Indian markets

Key highlights:

• Rupee fell further by 15 paise to 64.64 against the dollar
• Increased demand for the US currency from importers and banks
• The dollar's weakness against some currencies overseas, however, kept the fall to a minimum

The rupee fell further by 15 paise to 64.64 against the dollar on Wednesday, with a lacklustre domestic stock market casting its shadow on the movement.

Increased demand for the US currency from importers and banks meant there was sustained foreign capital outflows.

The dollar's weakness against some currencies overseas, however, kept the fall to a minimum.

Yesterday, the rupee had ended marginally lower by 6 paise to 64.49 against the dollar in a range-bound trade on fresh bouts of demand for the greenback amid caution among investors ahead of GST rollout from July 1.

The benchmark BSE Sensex fell 62.55 points, or 0.19%, to 31,234.98 in early trade today.