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Rupee extends losses on month-end dollar demand

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Reuters
Last Updated : Dec 23 2014 | 11:47 AM IST

Reuters Market Eye - The rupee is trading lower at 63.4175/4250 vs Monday's close of 63.24/25. Month-end dollar demand from oil companies hurts the Indian unit.

Dollar rises on expectations of a rate hike by U.S. Fed sometime next year.

The pair is seen in 63.25 to 63.45 range during the day

(Reporting by Neha Dasgupta)

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First Published: Dec 23 2014 | 11:33 AM IST

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