Dealers attributed the fall to the dollar's gains against other currencies overseas and increased demand from importers for the US currency.

However, a higher opening in domestic equity market capped losses to some extent.
Yesterday, the rupee slipped by 7 paise to close at 63.59 on fresh demand for the American currency from banks and importers on the back of a firm dollar overseas.
Meanwhile, the benchmark BSE Sensex was trading 72.48 points or 0.26 percent higher at 27,876.85 in morning trade today.



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