The rupee fell by 25 paise to 61.17 against the US currency in early trade today at the Interbank Foreign Exchange market due to dollar's gains against other currencies overseas.
	Forex dealers said besides strengthening of dollar against other currencies in global market after the US Fed stating it would keep its easy-money policy, increased demand for the American unit from importers and a weak opening in the domestic equity market put pressure on the rupee.
	The rupee had ended 13 paise higher at 60.92 against the greenback in yesterday's trade following sustained dollar selling by exporters.
	Meanwhile, the benchmark BSE Sensex fell by 118.09 points, or 0.44 per cent, to 26,513.20 in early trade today.

<div>
	
	The rupee is trading at 61.01 vs previous close of 60.92/93. Strong gains in shares capped the losses.</div>
<div>
	&nbsp;</div>
<div>
	The Indian unit earlier hit an intra-day session low 61.2050.</div>
<div>
	&nbsp;</div>
<div>
	The Nifty is up 1.47%.</div>
<div>
	&nbsp;</div>
<div>
	Asia forex is down after dovish Fed comments.</div>
<div>
	&nbsp;</div>
<div>
	Dollar index is up 0.37%, the highest in four years.</div>

Rupee trims losses as shares gain

The Indian unit earlier hit an intra-day session low 61.2050

More From This Section

Rupee jumps 13 paise vs dollar ahead of US Fed policy meet outcome

Rupee gains for second straight session on Fed rate hopes

Rupee flat ahead of Fed meeting

Rupee gains ahead of Fed meet

Also Read

Rupee lower on month-end dollar demand

Rupee trades lower on dollar demand by state-run banks

Rupee trades around 61/dollar in afternoon

Rupee extends losses as corporate dollar sales dry up

Rupee weakens past 61/dollar to 1-month low

Explore News