<p>The rupee resumed lower at Rs 51.05/06 per dollar on the Interbank Foreign Exchange, as against its previous close of Rs 50.90/91 per dollar, and dropped further to Rs 51.20 per dollar before quoting at 51.13/14 per dollar at 1030 hours.<br /><br />The domestic currency moved in a range between 51.02 per dollar and Rs 51.20 per dollar during morning deals.<br /><br />Sustained dollar demand from banks and importers in view of dollar firmness in overseas markets amid weak domestic equity markets mainly affected the rupee value against the dollar, a forex dealer said.<br /><br />Meanwhile, the Indian benchmark Sensex dropped further by 188 points, or 1.14 per cent, in early trade.</p>
<p>The rupee resumed lower at Rs 51.05/06 per dollar on the Interbank Foreign Exchange, as against its previous close of Rs 50.90/91 per dollar, and dropped further to Rs 51.20 per dollar before quoting at 51.13/14 per dollar at 1030 hours.<br /><br />The domestic currency moved in a range between 51.02 per dollar and Rs 51.20 per dollar during morning deals.<br /><br />Sustained dollar demand from banks and importers in view of dollar firmness in overseas markets amid weak domestic equity markets mainly affected the rupee value against the dollar, a forex dealer said.<br /><br />Meanwhile, the Indian benchmark Sensex dropped further by 188 points, or 1.14 per cent, in early trade.</p>