<p>The rupee lost 12 paise to trade below 55 level against the dollar on sustained demand of the US currency from importers despite lower dollar overseas.<br /><br /></p>.<p>The rupee opened weak at 55.06 per dollar as against the previous closing level of 54.88 at the Interbank Foreign Exchange (Forex) market.<br /><br />It dropped further to 55.20 before quoting 55.00 per dollar at 1100 hrs, still down by 12 paise over previous close. The rupee hovered in a range of 54.80 and 55.20 per dollar during late morning deals.<br /><br />Persistent dollar demand from importers' pressured rupee sentiment, dealers said.<br /><br />In international market, the US dollar turned weaker against Japanese yen in early trade after a senior Japanese official comment over currency 'correction'.<br /><br />Meanwhile, the BSE-30 share barometer Sensex was trading higher by 139.34 points or 0.69 per cent, quoting 20,425.46 at 1100 hours.</p>
<p>The rupee lost 12 paise to trade below 55 level against the dollar on sustained demand of the US currency from importers despite lower dollar overseas.<br /><br /></p>.<p>The rupee opened weak at 55.06 per dollar as against the previous closing level of 54.88 at the Interbank Foreign Exchange (Forex) market.<br /><br />It dropped further to 55.20 before quoting 55.00 per dollar at 1100 hrs, still down by 12 paise over previous close. The rupee hovered in a range of 54.80 and 55.20 per dollar during late morning deals.<br /><br />Persistent dollar demand from importers' pressured rupee sentiment, dealers said.<br /><br />In international market, the US dollar turned weaker against Japanese yen in early trade after a senior Japanese official comment over currency 'correction'.<br /><br />Meanwhile, the BSE-30 share barometer Sensex was trading higher by 139.34 points or 0.69 per cent, quoting 20,425.46 at 1100 hours.</p>