Increased demand for the dollar from importers and banks also put pressure on the local currency. Dealers attributed the fall in rupee to gains made by US dollar against the euro and other overseas currencies ahead of US jobs data and a lower opening in the domestic equity market.

The rupee weakened by 25 paise to close at Rs 61.52 against the dollar in Monday's trade on persistent demand from importers and banks as the US currency strengthened overseas. Meanwhile, the BSE benchmark Sensex fell 31.74 points, or 0.15 percent, to 20,862.15 in morning trade on Tuesday.


Latest News  from Business News Desk