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		The rupee trimmed early losses, but was still marginally down by 2 paise at 63.37 against the dollar in morning deals on some demand for the US currency from importers.&nbsp;</div>
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		The rupee resumed sharply lower at 63.43 as against yesterday&#39;s closing level of 63.35 at the Interbank Foreign Exchange (Forex) market.&nbsp;</div>
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		It slid further to 63.49 per dollar but later pared the losses to quote at 63.37 at 1030 hrs.&nbsp;</div>
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		It moved in a range of 63.36-63.49 per dollar during morning trade.&nbsp;</div>
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		&quot;Rallying domestic equities largely lifted the rupee sentiment,&quot; a dealer said.&nbsp;</div>
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		In New York, the US dollar hit its highest level in nearly nine years against the basket of currencies in early trade, drawing strength from the US economy&#39;s outperformance and the diverging outlook for monetary policies among major economies.&nbsp;</div>
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		Meanwhile, the BSE 30-stock index, Sensex rallied by 328.42 points, or 1.19%, in late morning trade.</div>
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The rupee fell by 14 paise to 63.49 a dollar in early trade today at the Interbank Foreign Exchange market as the US currency strengthened overseas.
     Dealers said besides dollar's gains against other currencies overseas, increased demand for the American unit from importers also put pressure on the rupee.
     Domestic equity markets opening with early gains, however, capped the losses, they said.
	Yesterday, the rupee suffered the worst single-day drop in over two weeks by falling 32 paise to end at 63.35 against the US dollar.
	Meanwhile, the benchmark BSE Sensex was trading higher by 216.11 points, or 0.79 per cent, at 27,723.65.

Rupee trims losses; dollar demand from importers hurts

Rally in domestic equities helps rupee

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