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Rupee down 25 paise vs dollar in early trade

Rupee down 25 paise vs dollar in early trade

Mumbai: The rupee fell by 25 paise to 61.13 against the dollar in early trade Tuesday on increased demand for the US currency from banks and importers amid a weak opening in local equities.

Dealers said besides increased demand for dollar from importers, a weak opening in the domestic equity market, mainly put pressure on the local unit.

The rupee had recovered from all-time closing low to end 22 paise higher at 60.88 against the dollar in yesterday's trade.

Meanwhile, the BSE benchmark Sensex fell by 105.62 points, or 0.55 per cent, to 19,076.24 in early trade today.

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