Indian rupee Vs dollar: The Indian rupee was trading on a negative note on Wednesday against US benchmark dollar index in interbank forex market. In early opening, the domestic unit weakened by another 14 paise, nearing a fresh seven-month low of 65.78, against the US dollar on fresh demand for the greenback from importers and banks.

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At around 1133 hours, Indian rupee was trading at 65.675 down by 0.008 paisa or 0.01% against US dollar index. Dealers attributed in a PTI report, that the rupee's persistent fall to increased demand for the US currency from importers and foreign fund outflows.

According to Reuters report, the dollar index , which measures the greenback against six other major currencies, rose 0.06%, strengthened by the weaker euro and sterling and by stronger-than-expected U.S. housing starts in March and a positive reading on industrial production.

On previous day, the Indian rupee had lost 15 paise to end at a near 7-month low of 65.64 against the US dollar amid persistent capital outflows and a fresh ripple of geopolitical tensions.

The performance of rupee was also impacted by concerns over oil prices, a global trade war threat, and the widening current account deficit. 

Meanwhile, the benchmark BSE Sensex was trading at 34,478.78 above 83.72 points or 0.24%, however, in early trade, the index advanced by 110.13 points, or 0.32 per cent, to 34,505.19. At the same time, Nifty 50 was trading at 10,568.55 up 19.85 points or 0.19%.