Mumbai, June 01: The Indian rupee depreciated by 21 paise to 46.57 a dollar in early trade at the Interbank Foreign Exchange today on capital outflows by foreign funds and the dollar’s gain overseas.
The rupee was steady in the previous session.
Forex dealers said fresh capital outflows by foreign funds from equities in tandem with melting global markets, and weakness in the euro, mainly weighed on the rupee sentiment.
Meanwhile, the Bombay Stock Exchange index, Sensex, fell by 86.75 points, or 0.51 per cent, to 16,857.88 points in the opening trade today.
—–PTI