Rupee depreciates by 12 paise
The rupee depreciated by 12 paise to 47.25 a dollar in early trade today on capital outflow by foreign funds from equities and the dollar's gain overseas.
The Indian rupee depreciated further by 49 paise in morning deals to a nearly two-week low of 48.51/52 against dollar due to weakness in equity markets and heavy dollar buying by banks.