In addition, a weak opening in the equity market also put pressure on the Indian rupee.
Dealers said month-end dollar demand from importers and a lower opening in the equity market mainly weighed on the rupee sentiment.
The rupee had lost 7 paise to close at Rs 52.02/03 against the American currency in yesterday's trade on weakness in domestic stocks amid fresh dollar demand from importers.
The BSE benchmark Sensex fell by 158.77 points, or 0.99%, to 15,849.57 in early trade today.
The market breadth was firm. Out of 2,933 stocks traded , 1,685 stocks advanced compared to 1,136 declined on BSE