<p>The rupee fell by 18 paise to 59.22 against the US dollar in early trade today at the Interbank Foreign Exchange market on capital outflows by foreign funds amid month-end demand for the American currency from importers.<br /><br /></p>.<p>Besides, dollar's strength against other currencies overseas on the back of encouraging economic data also put pressure on the local unit but a higher opening in the domestic equity market limited the fall, forex dealers said.<br /><br />Meanwhile, the benchmark BSE Sensex recovered by 91.69 points, or 0.37 per cent, to trade at 24,641.20.<br /><br />The rupee had lost 33 paise - its biggest drop in over two months - to close at 59.04 against the dollar in the previous session as overseas investors pulled out funds from stocks.<br /></p>
<p>The rupee fell by 18 paise to 59.22 against the US dollar in early trade today at the Interbank Foreign Exchange market on capital outflows by foreign funds amid month-end demand for the American currency from importers.<br /><br /></p>.<p>Besides, dollar's strength against other currencies overseas on the back of encouraging economic data also put pressure on the local unit but a higher opening in the domestic equity market limited the fall, forex dealers said.<br /><br />Meanwhile, the benchmark BSE Sensex recovered by 91.69 points, or 0.37 per cent, to trade at 24,641.20.<br /><br />The rupee had lost 33 paise - its biggest drop in over two months - to close at 59.04 against the dollar in the previous session as overseas investors pulled out funds from stocks.<br /></p>