Indian rupee extended losses against the US dollar in late trade on Thursday as a rebound in local shares.
More than 1 percent rise in the euro boosted sentiment, with traders awaiting the outcome of the crucial German vote for cues. Rupee touched a low of 49.15 earlier in the day.
The partially convertible rupee was seen trading at 48.95 per dollar at 4.15 p.m, lower as compared to its Wednesday’s close of 48.75 a barrel.
