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Rupee falls by 18 paise at 4-week low against dollar

January, 17th 2011
The rupee today fell by 18 paise to trade at a four-week low of Rs 45.54 against the US currency in early trade, weighed down by dollar's gains against the major world currencies. Dealers said rupee weakened due to dollar's gains against other Asian currencies overseas and weak opening on the domestic stock markets. The rupee had depreciated by 12 paise against the US currency to close at Rs 45.36/37 in the previous session. Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 81.06 points to 18,779.38 in the opening trade today.