Mumbai: The rupee declined by about 25 paise against the dollar on Jan 21 and moved close to a one-month''s low, due to the huge losses in the domestic equity market. The rupee opened at 39.35/36 and closed at 39.55/56, against Jan 19 close of 39.30/31. During the day, it reached a low of 39.59/60. These levels were last seen on December 19, when the rupee touched 39.66, said dealers. In the forwards market the six-month premium closed at 1.74 per cent (2.07 per cent) and the 12-month premium at 1.43 per cent (1.66 per cent).
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