The Rupee Wiped Out Early Gains To Trade Flat At 64.11 Against The Dollar

The rupee wiped out early gains to trade flat at 64.11 against the dollar today after the US Congress gave its final seal of approval to a sweeping tax legislation.

Dubbed as the biggest overhaul of the US tax code in 30 years, the Bill slashes taxes for corporates as well as the middle class.

In the opening session, the domestic unit went up 10 paise to 64.01.

Yesterday, it had lost 7 paise at 64.11 against the US currency due to dollar demand from importers.

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