 "Rupee pares losses as shares recover")
The rupee is trading at 61.35/36 versus Thursday's 61.34/35 close.
The Indian unit touched 61.62 earlier, its lowest since August 8.
Month-end dollar demand from importers and a fall in local shares had hurt the rupee earlier. But a recovery in shares and dollar sales by exporters is aiding the rupee.
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Nifty is trading flat on the day, recovering from earlier lows.
Some gains in the euro and other majors versus the dollar is also hurting sentiment for the USD/INR pair.