<p>The rupee today gained seven paise to 54.80 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters.<br /><br /></p>.<p>The local currency had lost 44 paise to hit one-month low of 54.87 a dollar yesterday due to heavy capital outflows.<br /><br />Forex dealers said increased dollar selling by exporters helped rupee to trade a shade higher but the US currency's strength against euro and yen overseas and a lower opening the domestic equity market capped the gains to some extent.<br /><br />Meanwhile, the BSE benchmark index Sensex fell by 46.72 points, or 0.25 per cent, to 18,462.98 in early trade today. <br /></p>
<p>The rupee today gained seven paise to 54.80 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters.<br /><br /></p>.<p>The local currency had lost 44 paise to hit one-month low of 54.87 a dollar yesterday due to heavy capital outflows.<br /><br />Forex dealers said increased dollar selling by exporters helped rupee to trade a shade higher but the US currency's strength against euro and yen overseas and a lower opening the domestic equity market capped the gains to some extent.<br /><br />Meanwhile, the BSE benchmark index Sensex fell by 46.72 points, or 0.25 per cent, to 18,462.98 in early trade today. <br /></p>