Mumbai, Jun 26 (PTI) The rupee fell by 7 paise to 68.20 against the US dollar in early trade today on month-end dollar demand from importers and banks.

Dealers said early losses in domestic equity markets also weighed on the rupee.

Yesterday, the rupee took a severe beating and ended sharply lower by 29 paise at 68.13 against the US currency.

The dollar weakened against other currencies overseas as worries about an intensifying trade fight between the US and its trade partners continued to hurt risk appetite.

The benchmark BSE Sensex fell 132.26 points, or 0.37 per cent, to 35,338.09 in early trade today.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)