Mumbai: The rupee depreciated by 6 paise to 62.42 against the dollar in early trade today at the Interbank Foreign Exchange market on increased demand of the US currency from banks and importers.
Forex dealers said a lower opening in the domestic equity market also put pressure on the rupee.
The domestic currency had fallen by five paise to 62.36 against the dollar in yesterday's trade.
Meanwhile, the BSE benchmark Sensex fell by 39.47 points, or 0.19 per cent, to 20,815.45 in early trade today.
First Published: Wednesday, December 04, 2013, 09:43