Rupee depreciates by 4 paise against dollar in early trade

The rupee depreciated by 4 paise against the dollar in early trade on Thursday following the US currency's gains overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee fell by 4 paise to 46.32 a dollar. The rupee had closed lower by 8 paise at 46.32/33 a dollar in the previous session.

Forex dealers said besides strong dollar overseas, month-end demand from importers for the US currency also weighed on the rupee sentiment.