The rupee today depreciated by 15 paise against the US currency in early trade on continued capital outflows by foreign funds from equities.
At the Interbank Foreign Exchange (Forex) market, the Indian rupee fell by 15 paise to trade at 46.27 a dollar. The rupee ended a shade higher at 46.12/13 in the previous session on Monday.
Dealers said increased capital outflows by foreign funds from equity markets and some dollar demand from importers weighed on the rupee's sentiment.
The Bombay Stock Exchange index Sensex fell by 188.51 points, of 1.10 per cent, to 16,591.95 points in the morning trade.
