The month-end demand from banks and importers and a lower opening of the domestic equity market mainly weighed on the rupee, forex dealers said.

A weakness in the US dollar against some currencies in the global market hit by weaker-than-expected durable goods orders data, however, limited the fall, they added.

Yesterday, the rupee had gained 10 paise to close at 66.52 against the dollar on fag-end selling of the American unit by banks and exporters and a strong bounce back by domestic equities.

Meanwhile, the benchmark BSE Sensex was trading lower by 122.06 points, or 0.46 percent, at 25,885.24 in morning deals.

Latest News  from Business News Desk