The Indian rupee depreciated by 9 paise at 45.43 in early trade today as dollar gained overseas.

At the Interbank Foreign Exchange (Forex) market, the rupee fell by 9 paise to 45.43 a dollar. The rupee was up 24 paise at a two-month high of 45.34/35 a dollar in the previous session.

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