MUMBAI: The Indian rupee lost 5 paise to Rs 44.91 per US dollar in early trade on the Interbank Foreign Exchange on Monday, weighed down by dollar gains against the euro and a weak trend in the stock market.
Dealers said strengthening of the dollar against the euro and some other currencies and a lower opening in the stock market mainly put pressure on the rupee.
The rupee rose by 4 paise to close at Rs 44.86/87 against the US dollar in the previous session on Friday on mild selling of dollars.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 72.15 points, or 0.40 per cent, to 17,798.38 in early trade on Monday.
TOI
Dealers said strengthening of the dollar against the euro and some other currencies and a lower opening in the stock market mainly put pressure on the rupee.
The rupee rose by 4 paise to close at Rs 44.86/87 against the US dollar in the previous session on Friday on mild selling of dollars.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 72.15 points, or 0.40 per cent, to 17,798.38 in early trade on Monday.
TOI
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