The rupee fell on Monday weighed by a slight pullback in the euro, weakness in local shares and likely dollar demand from oil companies for import payments.
* At 9:27 am, the partially convertible rupee was at 44.4025/4050 per dollar, weaker than Friday's close of 44.3625/3725.
* The euro was at USD 1.4376 versus USD 1.4402 at close of forex trade on Friday and the index of the dollar against six major currenices was down 0.04% at 74.172, but higher from 74.068 at end of domestic currency trade on Friday.
* The benchmark local share index was down 0.2% with financials leading the losses, after US debt woes pulled down Asian equities.
* Oil is India's biggest import item and local oil companies are the largest purchasers of US unit in domestic currency market.
