Reuters Market Eye - Rupee extends losses to 55.89/90 per dollar, nearing the psychologically significant 56 mark, as weakness in the domestic share market and the euro weighed.
Euro slightly down against the dollar but seen largely supported ahead of the ECB meet on Thursday.
The Sensex is trading down 0.4 percent.
Traders cite some dollar demand from oil firms pushing up the pair but exporters also step in to sell dollars, limiting a further sharp upside.
