Forex dealers said besides the dollar's gain against other currencies overseas, increased demand for the American unit from importers put pressure on the rupee but a higher opening in the domestic equity markets, capped the losses.     

The rupee had declined by six paise to close at a fresh one-month low of 62.25 in Wednesday's trade on persistent dollar demand from banks and importers.

Meanwhile, the benchmark BSE Sensex was trading higher by 151.91 points, or 0.53 percent, to 28,685.88 in morning trade.

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