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The rupee fell today as the market was moving with small flows and there was not much liquidity, say dealers. The rupee is at 61.91 versus Tuesday's close of 61.80/81 having moved in a 61.80-61.975 band in session.
An European bank was a big dollar buyer in early session pushing the pair higher.
Foreign fund flows into equities crossed $20 bn in 2013. Provisional exchange figures show $50.12 mn of FII buying in stocks on Tuesday.
The rupee closed 2013 as Asia's third worst performer, down 11%.
Dealers said rupee could move in the 61.70-62.10 band for session.
