Rupee at 4-1/2 month low on weaker shares, dollar demand

Reuters Market Eye - The rupee falls to a session low of 55.2250, a level last seen on January 8, versus its Monday close of 55.10/11.

Losses come as local shares fall for a second consecutive session, with one state-run bank dealer noting big importer dollar demand from a private refining company.

(Reporting by Subhadip Sircar)