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Rupee extends losses; falls to near 5-month low

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Reuters
Last Updated : Aug 06 2014 | 4:35 PM IST

Reuters Market Eye - The rupee fell to 61.43/44, its lowest since March 14 and weaker than its 60.8450/8550 close on Tuesday.

The BSE Sensex and Nifty provisionally closed about 1 percent lower each.

Heavy dollar buying by foreign banks aided sentiment for the pair, dealers said.

Most Asian currencies also ended weaker versus the dollar.

(Reporting by Swati Bhat)

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First Published: Aug 06 2014 | 3:56 PM IST

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