Rupee ends 25 paise lower at 50.63/64 against dollar
After a strong start, the Indian rupee turned weak and ended 25 paise lower at 50.63/64 against the greenback today on heavy dollar demand from banks and some major corporates amid negligible capital inflows.
The rupee dropped by 31 paise to 55.01 against the dollar in late morning trade today on fresh demand of the American currency from banks and importers.