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Forex dealers said strengthening of the dollar against the euro and Asian currencies and a lower opening in the stock market mainly put pressure on the rupee.
The rupee rose by 5 paise to close at Rs 44.76/77 against the US dollar in yesterday`s trade after equities closed a shade higher.
Meanwhile, the Bombay Stock Exchange benchmark Sensex fell by 68.87 points to 18,351.24 in opening trade today.