Reuters Market Eye - Rupee inches lower to 55.71/72 versus its close of 55.63/64. Month-end dollar demand from oil refiners and other importers hurts.
Asian currencies mostly trading stronger versus the dollar, limiting a further upside to the dollar.
Traders will also watch the domestic sharemarket movement for cues on foreign fund flows during the day.
The pair is seen holding in a 55.60 to 55.85 range during the day.
The Sensex is trading up 0.5 percent currently.
(Reporting by Swati Bhat)
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