The rupee today lost 18 paise to 59.22 against the dollar in early trade at the Interbank Foreign Exchange market due to month-end demand of the US currency from banks and importers, ahead of RBI's policy review tomorrow.
	Forex dealers said increased demand for the American currency ahead of the RBI's policy review tomorrow and a weak opening in the domestic equity put pressure on the rupee but dollar's weakness against other currencies in the global market capped the fall.
	The domestic currency had gained seven paise to close at one-month high of 59.04 against the dollar on Friday as the RBI's liquidity-tightening measures continued to lend support.
	Meanwhile, the BSE benchmark Sensex fell 39.37 points, or 0.19 per cent, at 19,708.82 in early trade today.


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	The rupee was trading weak in afternoon trades due to month-end dollar demand from importers. At 1:15PM the rupee was trading at Rs 59.40 compared with previous close of Rs 59.04 against the dollar.</div>
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	Last week the Reserve Bank of India (RBI) tightened the liquidity further in order to arrest the depreciating rupee. However, the impact of the moves was not very helpful in strengthening the rupee.</div>
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	RBI will review the monetary policy tomorrow and the street is concerned that more liquidity tightening moves are there in the offing.</div>

Rupee weak vs dollar due to month-end dollar demand

Rupee was at Rs 59.40 versus previous clsoe of Rs 59.04 against the dollar

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