Rupee down 9 paise/$ in early trade

The Indian Rupee fell marginally by 9 paise to Rs 44.16 against the US dollar in early trade on the Interbank Foreign Exchange today, weighed down by a weak trend at the bourses.

However, dollar's losses against other currencies abroad restricted its losses.

The rupee had strengthened by 13 paise to close at Rs 44.07/08 a dollar in the previous session on Friday on fresh sale of dollars by exporters and banks.

Forex dealers said the lower opening in the stock market exerted pressure on the rupee  sentiment.

Meanwhile, the Bombay Stock Exchange benchmark Sensex was trading 140.02 points, or 0.71% down at 19,311.43 level this morning.