Forex dealers said besides dollar's gains against other currencies overseas, increased demand from oil importers for US currency put pressure on the rupee.

They said, however, easing inflation and a higher opening in the domestic equity market limited the rupee fall.

The rupee fell by 14 paise to close at 60.07 against US currency in the previous session on fresh dollar demand from banks and importers, amid weak local equities.

Meanwhile, the benchmark BSE Sensex rebounded by 188.70 points, or 0.75 percent, to 25,195.68 in morning trade on Tuesday.

(Agencies)

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