Rupee down 5 paise against dollar early today

April 21, 2016 Mumbai:The rupee depleted by 5 paise to 66.27 against the dollar at the Interbank Foreign Exchange (forex) market on Thursday on fresh need for the American currency from importers and banks.

Dealers traced the rupee's fall to hiked demand for the US currency.Meanwhile, a higher opening in the domestic equity market capped the damages.

The rupee had forwarded by 33 paise to close at 66.22 in yesterday's trade on constant selling of US dollars by banks and exporters in view of weaker American currency in the global market.

However, the benchmark BSE Sensex reclaimed the pivotal 26,000-level by gaining 219.02 points or 0.85 % to 26,063.20 in early trade.

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