Mumbai: The rupee on Thursday fell by 12 paise to trade at 54.67 against the dollar in early trade at the Interbank Foreign Exchange, due to increased demand for the American currency from oil importers.

Besides, euro and yen weakness against the dollar overseas and a lower opening in the equity market also put pressure on the local unit, forex dealers said.

The rupee had gained 30 paise on Wednesday to close at 54.55 against the dollar on fresh selling of the American currency by banks.

Meanwhile, the BSE benchmark Sensex fell by 57.26 points, or 0.29 per cent, to 19,418.74 in early trade on Thursday.


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