#Indian rupee loses 3 paise against US dollar at 63.28

The Indian rupee today lost three paise at 63.28 against the dollar due to sustained capital outflows and fresh demand for the US currency from banks and importers.

At the Interbank Foreign Exchange (Forex) Market, the rupee hovered in a range of 63.24 and 63.50 per dollar before ending at 63.28 per dollar, three paise lower than its previous close.