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With 65.03 conversion to US dollar, Rupee recovers by 15 paise

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Snapping its two-day losing streak, the rupee on Wednesday regained 15 paise to close at 65.03 per dollar on fresh selling of the American currency by banks and exporters on the back of weakness in greenback overseas.

The rupee resumed higher at 65.11 per dollar as against yesterday’s level of 65.18 at the Interbank Foreign Exchange (Forex) market and firmed up further to 65.00 before concluding at 65.03, showing a gain of 15 paise 0.23%.

The domestic currency had lost 44 paise or 0.67% in the previous two days.

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