The rupee was trading at 61.24/25 per dollar on Wednesday against the previous close of 61.08/09.
A higher-than-expected rise in July consumer price index-based inflation and dull June industrial output weakened sentiment, traders said.
The BSE Sensex was trading 0.2 per cent lower.
Globally, Asian currencies were subdued on continuous caution over Ukraine.
The dollar/rupee pair was seen holding in a 61.15-61.40 range for the day, traders added.
Copyright @ Thomson Reuters 2014
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