Forex dealers said weakness in euro against the dollar and other Asian currencies overseas also weighed on the rupee's value.
The domestic unit had lost a hefty 42 paise to close at three-and-a-half-month low of 52.50/51 against the US currency yesterday, owing to strong dollar demand from banks and importers amid a sharp fall in equity markets.
Meanwhile, the BSE benchmark index Sensex today rose by 70.34 points, or 0.41 per cent, to 17,167.02 in early trade. PTI SUN RS DP RAH