Forex dealers said that besides strengthening of dollar, increased demand for the American unit from importers and a weak opening in the domestic equity market put pressure on the rupee.
The domestic currency had lost 31 paise, its biggest daily loss in over a month, to close at 60.60 against US dollar in Tuesday's trade on concerns US interest rates may rise sooner than investors had anticipated.
Meanwhile, the benchmark BSE Sensex fell 130.78 points, or 0.48 percent, to 27,134.54 in the morning trade on Wednesday

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