Continuing with its Monday's losses, the Indian rupee on Tuesday depreciated by another 25 paise to 46.89 against the US currency in early trade, largely on the back of dollar's gains against other Asian units.
At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 25 paise lower at 46.89 a dollar in early trade. Yesterday, the rupee ended 14 paise down at 46.64/65 against the US currency.
Dealers said dollar's rise against other regional units and demand for the US currency from importers, particularly oil refiners, mainly weighed on the rupee sentiment.
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