Reuters Market Eye - The rupee is trading at 61.88/89 versus its close of 61.9525/9625 on Monday. The pair dropped as low as 61.8275, its lowest since December 18.
Traders expect the market to remain in a 61.75 to 62.05 range during the session.
Domestic shares trading down 0.3 percent after having been up earlier in the day.
(Reporting by Swati Bhat)