<p>The rupee slipped below the 63-mark by falling 51 paise to trade at a fresh 11-month low of 63.45 against the US dollar in early trade today on the Interbank Foreign Exchange due to heavy dollar demand from importers amid falling crude oil prices.<br /><br /></p>.<p>Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds also kept pressure on the rupee.<br /><br />The domestic currency had lost 65 paise to close at nearly 11-month low of 62.94 against the US dollar in yesterday's trade following heavy dollar demand from importers.<br /><br />Meanwhile, the BSE benchmark Sensex declined by 273.05 points, or 1.00 per cent, to 27,046.51.</p>
<p>The rupee slipped below the 63-mark by falling 51 paise to trade at a fresh 11-month low of 63.45 against the US dollar in early trade today on the Interbank Foreign Exchange due to heavy dollar demand from importers amid falling crude oil prices.<br /><br /></p>.<p>Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds also kept pressure on the rupee.<br /><br />The domestic currency had lost 65 paise to close at nearly 11-month low of 62.94 against the US dollar in yesterday's trade following heavy dollar demand from importers.<br /><br />Meanwhile, the BSE benchmark Sensex declined by 273.05 points, or 1.00 per cent, to 27,046.51.</p>