Rupee breaks 3-day rally, down 3 paise at 63.87 a dollar
Snapping its three-session winning run, the rupee today ended lower by 3 paise at 63.87 against the US currency following fresh bouts of dollar demand from importers amid the US political jitters. Trading was extremely volatile as the currency market witnessed wide swings against the backdrop of US government shutdown. The US government shutdown went into effect at midnight on Friday after Senate negotiators failed to reach an agreement on a last minute deal to keep the government funded amid a dispute over immigration and border security. The domestic currency…
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