<p>The rupee today weakened by 17 paise to 62.24 against the dollar in early trade at the Interbank Foreign Exchange market due to demand for the US currency from importers.<br /><br /></p>.<p>Forex dealers said besides dollar's gains against other currencies overseas, increased demand from importers for the greenback also put pressure on the rupee.<br /><br />They said, however, a higher opening of the domestic equity market capped the fall.<br /><br />The domestic unit had gained 23 paise to one-week high of 62.07 against the dollar yesterday, amid a modest recovery in local stocks.<br /><br />Meanwhile, the benchmark BSE Sensex rose by 42.10 points, or 0.20 per cent, to 20,771.48 in early trade today. </p>
<p>The rupee today weakened by 17 paise to 62.24 against the dollar in early trade at the Interbank Foreign Exchange market due to demand for the US currency from importers.<br /><br /></p>.<p>Forex dealers said besides dollar's gains against other currencies overseas, increased demand from importers for the greenback also put pressure on the rupee.<br /><br />They said, however, a higher opening of the domestic equity market capped the fall.<br /><br />The domestic unit had gained 23 paise to one-week high of 62.07 against the dollar yesterday, amid a modest recovery in local stocks.<br /><br />Meanwhile, the benchmark BSE Sensex rose by 42.10 points, or 0.20 per cent, to 20,771.48 in early trade today. </p>