The rupee opened lower at 65.13 per dollar as against yesterday's closing level of 65.03 per dollar at the interbank forex market and slipped further to 65.17 per dollar.
It regained some of its lost ground to quote at 65.09 at 1025 hrs.
"Weakness in dollar overseas is cushioning the rupee," a dealer said.
The US dollar slipped against a basket of currencies in early Asian trade, hurt by a media report that suggested the implementation of a centrepiece corporate tax cut under discussion in US tax reforms plans could be delayed.
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