The rupee today lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies in the global markets.
	The rupee sentiment was hit by selling in commodities that was triggered by a strong dollar, which rose to a fresh four-and-a-half-year peak against the yen on the back of growing confidence in the US economy.
	The yen today continued its fall against the dollar and euro, giving investors a green light to continue selling the Japanese currency.
	Increased demand for the dollar from banks and importers and weak local equities also put pressure on the rupee, forex dealers said.
	The rupee had closed down by 55 paise at 54.80 to hit a month's low in Friday's trade due to fresh dollar demand from importers amid firm global cues.
	Meanwhile, the BSE benchmark Sensex fell by 71.11 points, or 0.35 per cent, at 20,051.21 in early trade today.


The rupee traded weaker at 54.94/95 versus its close of 54.80/81 on Friday as sharp losses in domestic shares and a broadly strong dollar hurt. The pair rose to as high as 55.01 earlier in the session, its highest since March 4.<br />
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The BSE Sensex trading is down 1.34%.<br />
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Oil and gold prices fell on Monday as the dollar strengthened, weighing on Asian shares, but Japanese equities outperformed on the back of the yen&#39;s slide to a fresh 4-1/2-year low against the US currency.<br />
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Traders expect exporters to step in to sell the greenback around 55 levels and prevent the pair from rising much above 55.05-10 during the session.

Rupee near two-month lows; weak shares hurt

Weaker domestic shares and broad gains in the dollar against global currencies affect rupee

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