Mumbai, Nov 1 (PTI): Extending yesterday's loss, the rupee today fell sharply by 37 paise to 61.87 against the US dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the greenback overseas.
Increased demand for the dollar from importers too put pressure on the rupee.
Dealers attributed the rupee fall to dollar gains against the euro overseas but a higher opening in the domestic stock market limited the fall.
The Sensex rose 129.36 points, or 0.