The rupee is trading at 59.33/34 versus its close of 59.27/28 in the absence of any fresh domestic triggers with traders watching the domestic stock market for cues on foreign fund flows.
Traders expect the pair to trade in a range of 59.20 to 59.45 for the day.
The consumer price inflation data and the industrial output data due around 5:30 pm will be watched for cues.
Asian currencies are trading mixed versus the dollar.