Dollar closed at 65.1000 against its opening at 64.8400. Dollar ends at 6-mo high on importers demand, as the trend for the day is bullish for spot due to FII outflows from local stocks and month-end dollar demand seen up by oil importers amid overseas fund outflows from local stocks tracking Asian equities. Month-end dollar demand will dominate the rupee, along with some FII outflows. Asian shares traded mixed as investors digested German election results and exchange of threats between US and North Korea.Stocks in Japan rose as yen declined on expectations of a stimulus package ahead of likely snap election. Also, data released Monday showed manufacturing sector in Japan expanded further in September at a faster rate, with a four-month high manufacturing PMI score of 52.6.

President Donald Trump slapped new travel restrictions on citizens from North Korea, Venezuela and Chad, expanding to eight the list of countries covered by his original travel bans that have been derided by critics and challenged in court. Iran, Libya, Syria, Yemen and Somalia were left on the list of affected countries in a new proclamation issued by the president. 

BSE Sensex closes lower by 296 points at 31,627, while the Nifty 50 fell 90 points to close at 9,875.

INTERNATIONAL

 

Asian shares were mixed with weekend political news of note for the fortunes of center-leaning parties on the wane in New Zealand and Germany - both of which use mixed-member proportional voting systems.
 

Euro slipped in early Asian trading  after Germany's election showed surging support for a far-right party that left Chancellor Angela Merkel scrambling to form a governing coalition.
 

Oil prices stood little changed , keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards rebalancing.

Crude oil prices fell in Asia as investors took profits following supportive comments from OPEC and allies on Friday on the scope for reblancing the market.

Gold prices dipped slightly in Asia after a weekend in which New Zealand and germany went to polls to both produce results that pointed to lengthy talks to form coalition government and North Korea and the U.S. ramped up a war of words and actionss.