Rupee ends weak at 68.74

The rupee ended weak by 17 paise at 68.74 on fresh dollar demand by banks and importers. However, the dollar’s weakness against other currencies overseas capped the rupee’s losses.

The domestic unit opened strong at 68.46 at the interbank forex market today. It hovered in a range of 68.78 and 68.46 before ending at 68.74 at 5 pm local time.

Yesterday, the rupee had ended strong by 23 paise at 68.57 on fresh dollar selling by exporters and corporates. Meanwhile, the benchmark BSE Sensex ended a two-week high of 35,645.40, up 266.80 points.

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