Mumbai: The rupee fell by 2 paise to Rs 44.47 against the US dollar in early trade today, largely pressured by a lower opening in the stock market.
The foreign exchange dealers said, the lower opening in the stock market this morning mainly put pressure on the rupee vis-a-vis the dollar, but a firm euro against the American currency overseas ahead of an emergency euro zone meeting due later in the day capped the losses.
The rupee gained 4 paise to close above a one-week high at Rs 44.45/44.46 per US dollar in yesterday’s trade due to dollar weakness overseas.
