Reuters Market Eye - The rupee recovers from day's lows on dollar inflows which some dealers cite likely for Power Grid's $1.2 billion share sale.
Pair at 62.34/35 compared with 62.445 intraday high, previous close of 62.315/325.
"We expect around $200-$300 of foreign fund inflows from the share sale," said the chief dealer at a state-run bank.
Dealer says sharp fall in the September-quarter current account deficit, though on expected lines, is positive for the rupee.
The pair continuing to have strong technical support at 61.9.
(Reporting by Subhadip Sircar)