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- dEsPeraTe cRaNky -
The Indian rupee depreciated by 27 paise to 47.25 a dollar in early trade at the Interbank Foreign Exchange today on capital outflows by foreign funds from equities and the dollar's gain overseas.
The rupee had closed lower by 2 paise at 46.98/99 a dollar in the previous session.
Forex dealers said fresh capital outflows by foreign funds from equities in tandem with melting global markets and weakness in the euro mainly weighed on the rupee sentiment.
Meanwhile, the Bombay Stock Exchange benchmark index Sensex fell by 225.27 points, or 1.37%, to 16,244.28 points in opening trade today.
The rupee had closed lower by 2 paise at 46.98/99 a dollar in the previous session.
Forex dealers said fresh capital outflows by foreign funds from equities in tandem with melting global markets and weakness in the euro mainly weighed on the rupee sentiment.
Meanwhile, the Bombay Stock Exchange benchmark index Sensex fell by 225.27 points, or 1.37%, to 16,244.28 points in opening trade today.
