MUMBAI: The rupee depreciated 5 paise to 64.09 against theUS dollar in early trade on Tuesday at the Interbank Foreign Exchange due to appreciation of the American currencyoverseas.
Forex dealers said fresh demand for the dollar from importers also weighed, but a higher opening in the domestic equity market limited rupee's fall.
The rupee had recovered 9 paise to close at 64.04 against the US dollar in Monday's trade on fresh selling of the greenback by banks and exporters on hopes of fresh foreign capital inflows into equity markets.
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