Rupee weakens by 3 paise against dollar in early trade

May 14, 2010 10:09 am | Updated 10:09 am IST - Mumbai

The Indian rupee eased by 3 paise to 45.11 a dollar in early trade on Friday on capital outflows by foreign funds from equities and the U.S. currency’s gain overseas.

The domestic currency had closed higher by 3 paise at 45.08/09 a dollar in the previous session.

Forex dealers said apart from capital outflows by funds, demand for the U.S. currency and its strength against other currencies also weighed on the rupee sentiment.

Meanwhile, the Bombay Stock Exchange benchmark index, Sensex, fell by 61.54 points, or 0.35 per cent to 17,204.33 points in the opening trade on Friday.

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