Rupee cataract past 63 level to buck in above 2 months

Rupee falls 18 paise to 62.84 against dollar
The rupee breached the mental 63 per dollar mark, to hit its buck level in more than two months on Monday, tracking profound losses in the familial share market while a broad fall in other provincial currencies also impair.

The somewhat adaptable rupee was trading at 63.00/01 per dollar at 0907 GMT after striking 63.06 its weakest since November 22. It had stopped up at 62.66/67 on Friday. The Sensex was trading behind 1.8 per cent.

Earlier in the day, the rupee depreciated by 18 paise to 62.84 a dollar on the Interbank Foreign Exchange souk due to admiration of the dollar alongside major currencies abroad.