Reuters Market Eye - The rupee is keeping losses on oil bids, at 63.45/46 versus 63.25/26 last close. It hit a record low of 64.13 on Tuesday.
Dealers say RBI steps to ease cash have negligible impact on spot INR.
Some receiving of central bank's cash easing seen in forwards with 1-year premium at 482 points versus 499 last close.
Fear of RBI also keeping gains in check after intervention seen in spot, forwards on Tuesday.
India took steps on Tuesday to support the beaten-down bond market, in moves also expected to prop up the battered rupee, while a top official said there was no need to issue sovereign bonds to Indians abroad or bring in capital controls.
(Reporting by Subhadip Sircar)