<div>Continuing its slide for the fifth straight day, the Indian rupee on 12 November lost 23 paise to trade at 63.47 on strong dollar demand from importers.<br /><br />At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 63.47 a dollar from its previous close of 63.24.<br /><br />Forex dealers said besides sustained demand for the US currency from importers and capital outflows, dollar's strength against other currencies overseas weighed on the domestic currency.<br /><br />The rupee had depreciated by 77 paise to close at an almost two month low of 63.24 against the dollar in the previous session.<br /><br />Meanwhile, the Bombay Stock Exchange Sensex gained by 93.26 points, or 0.45 per cent, to 20,584.22 in early trade on Tuesday.<br /><br />(PTI) </div>
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