The Indian rupee lost ground against the U.S. dollar in afternoon deals on Thursday, as the latter firmed after yesterday's positive U.S. data reinforced expectations about a Fed liftoff in December.

Odds for a Fed rate hike increased after data showed that initial jobless claims fell more-than-expected in the week ended November 21, while durable goods orders increased much more-than-expected in the month of October.

The rupee declined to 66.665 versus the greenback for the first time since September 20. The rupee may locate support around the 67.00 zone. Indian forex market was closed yesterday on account of Gurunanak Jayanti.

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