The Indian rupee depreciated by 9 paise at 45.43 in early trade today as dollar gained overseas.
At the Interbank Foreign Exchange (Forex) market, the rupee fell by 9 paise to 45.43 a dollar. The rupee was up 24 paise at a two-month high of 45.34/35 a dollar in the previous session.
Forex dealers said besides strong dollar overseas, demand from importers for the US currency also weighed on the rupee sentiment.
Meanwhile, the Bombay Stock Exchange index Sensex rose by 53.99 points, or 0.30 per cent at 17,544.07, points in the opening trade today.