Forex dealers said fresh demand for the dollar from importers also wQAeighed on the local currency but a higher opening in the domestic equity market limited the rupee's losses.
The rupee had ended 30 paise higher at 62.19 against the American currency in Monday's trade on sustained selling of dollars by banks and exporters on hopes of foreign capital inflows in view of strong equity market.
Meanwhile, the benchmark BSE Sensex rose by 105.71 points, or 0.37 percent, at 28,610.17 in early trade.

Latest News  from Business News Desk