The Indian rupee today extended the previous session's weakness and depreciated by 20 paise to 46.60 against the US currency in early trade on the back of dollar's rise against other major currencies and Asian units.

However, expectations of fresh capital inflows by foreign funds capped rupee's losses. At the Interbank Foreign Exchange (Forex) market, the domestic unit traded 20 paise down at 46.60 a dollar.