Rupee down by 2 paise at 45.80 a dollar

The rupee on Monday eased marginally by two paise to 45.80 against the US dollar in early trade in line with other weak Asian currencies amid a weak domestic equity market.

At the Interbank Foreign Exchange (Forex) market, the Indian rupee fell by two paise to trade lower at 45.80 a dollar. The rupee had lost 16 paise to close at 45.78/79 in the previous session.

Forex dealers said dollar's gains against other Asian currencies and foreign capital outflows from the local equity markets, mainly weighed on the Indian rupee's sentiment.