Rupee weakens, closes at Rs 45.80/81/USD

Mumbai, Oct 10: Indian Rupee today weakened further by eight paise to close at Rs 45.80/81 per US Dollar compared to the previous close of Rs 45.72 per US Dollar, as Dollar performed well against all global currencies, a money market trader said.

Earlier Rupee opened flat at Rs 45.75/76 per US Dollar and in mid-morning it traded at the same level.

The six-month forward premia was fixed at 1.36 per cent and the one year premia was at 1.37 per cent.

The Reseve Bank Of India today fixed the Reference Rate at Rs 45.74 per US Dollar.

The performance of Rupee against other currencies has however improved, against Euro, Rupee closed at Rs 57.30, against Pound Sterling, it closed at Rs 84.90, and against Yen, it was up at Rs 38.21.

UNI