After going through a dream run for the past many months, rupee recently moved southwards in the early trade for the day as it weakened by 14 paisa against the dollar. It may be noted her that the rupee has recently touched a 25 month high and as the US currency firmed up against other major world currencies, so was the case with Indian rupee.

According to the forex dealers, the weakness in other currencies has put a lot of pressure on the India rupee. However, on the other end, the BSE Sensex climbed by 92.30 points to 20,407.62 points. For the record, the Indian rupee has gained close to 30 paisa to close at 25-month high of Rs 44.19/20 a dollar in the previous trading session.

The dealers are also of a view that the capital inflows by the foreign funds in to the equities market that have been at a very high pace since the economy has made a comeback has capped the losses of the rupee from the past few months. Analysts are expecting rupee to make a comeback soon.