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Rupee down 4 paise to 55.58/dollar

Influenced by dollar's gains in overseas markets, weak opening in stock market following capital ouflows

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The today lost four paise to 55.58 against the dollar in early trade as the gained strength against and other currencies.

dealers said besides dollar's gains in the overseas markets, a weak opening in the following capital ouflows, also put pressure on the local unit.

The rupee had gained a whopping 54 paise to end at 55.54 against the dollar on Friday's trade on persistent dollar- selling by exporters amid hinting at opening a separate dollar window for oil firms.

Meanwhile, the benchmark fell by 161.62 points, or 1.01%, at 15,803.54 in early trade today.

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