PT:Re trades at one-month low vs dollar in late morning
Mumbai, Feb 18 (PTI) The Indian rupee dropped by 11 paise to one-month low against the American currency at 54.33 in late morning trade on sustained dollar demand from banks and importers on the back of a firm greenback in overseas markets.
The rupee resumed lower at 54.43 per dollar against the last weekend's level of 54.22 at the Interbank Foreign Exchange (Forex) market and hovered in a range of 54.32 and 54.44 before quoting at 54.
