The Indian rupee today fell by 26 paise to its five-year low of 47.22 against the US $ in early trade today owing to increased demand for the greenback from importers. The level was last seen on June 2, 2003.
At the Interbank Forex Exchange market (Forex), the Indian currency, which breached the 47-mark for the first time in two years on Monday and closed at 46.96/97, plunged by another 26 paise to 47.22 against the US $.