Indian economy grew at the slowest pace in last six quarters at 7.1 per cent in the April-June period of current fiscal mainly on subdued performance of mining, construction and farm sectors.
Dealers attributed the rupee's fall to fresh demand for the US currency from importers but a higher opening in the domestic equity markets and dollar's weakness against some currencies overseas capped the losses.
The rupee had gained 6 paise to close at 66.96 per dollar yesterday due to sustained dollar selling from exporters amid weak overseas tone.
The benchmark BSE Sensex advanced by 66.36 points or 0.23 per cent to 28,518.53 in early trade today.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)