Forex dealers said besides dollar's gains against euro and other currencies in the overseas markets, sustained dollar demand from importers and some banks and a lower opening in the stock market put pressure on the domestic currency.
Yesterday, the rupee had lost five paise to close at 55.46, its lowest closing since November 27, 2012.
Meanwhile, the BSE benchmark Sensex fell by 84.54 points, or 0.42 per cent, to 19,977.70 in early trade today.
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