The rupee today opened the day lower once again by 21 paise at 63.74, down 21 paise over Tuesday's close.
|69.948||United States Dollar|
Foreign fund flows have not supported the rupee with FIIs being consistent sellers. On Tuesday they sold stocks worth Rs 1200 crores in the cash market.
India's trade deficit also widened to a 18-month high putting pressure on the rupee. Gold imports have been rising, though there are hopes that falling crude prices could benefit India immensely. Check Rupee rates here