The rupee improved by 12 paise to 67.84 against the dollar today on increased selling of the US currency by banks and exporters. According to the dealers said , “A  lower opening in the domestic stock market and dollar's strength against some currencies overseas poured cold water on the rupee's gain”.

The rupee, hit by the Brexit panic wave, had plunged as much as 71 paise to end at a four-month low of 67.96 on Friday on fresh demand for the US currency as the latter rose in a foreign country among a sharp fall in equities across the globe.

However, the benchmark BSE Sensex fell further by 98.84 points, or 0.37 % , to 26,298.87 in early trade.