Forex dealers said besides dollar's gains against other currencies, increased demand for the American unit from importers put pressure on the rupee, but a higher opening in the domestic equity market limited the losses.
The domestic currency had lost three paise to close at 60.53 against the US currency in Monday's trade, following sustained dollar demand from importers amid firm cues from overseas.
Meanwhile, the benchmark BSE Sensex gained 81.53 points, or 0.30 percent, to trade at new life-time high of 26,949.08 in early trade on Tuesday.

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