The Indian rupee lost by 18 paise to Rs 44.63 per US dollar in early trade at the Interbank Foreign Exchange today, weighed down by dollar's gains against the euro and other currencies overseas.
Forex dealers said strengthening of the dollar against the euro and Asian currencies and a weak start in the stock market, mainly put pressure on the rupee.
The rupee fell by 12 paise to close at Rs 44.45/46 against the US dollar in yesterday's trade due to dollar demand and weak equity market.
Meanwhile, Bombay Stock Exchange benchmark Sensex fell by 74.01 points, or 0.39% to 19,017.16 in opening trade today.
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