Reuters Market Eye - The rupee is trading at 61.45/46 versus Thursday's 61.34/35 close.
The rupee touched 61.495 early, its lowest since Aug. 8.
The dollar at near-four-year highs against a basket of major currencies.
Month-end dollar demand from importers will also hurt the rupee.
Foreign fund flows key for direction.
Nifty trading down 0.12 percent.
Traders say the RBI may also step in to limit very sharp gains in the pair.
(Reporting by Swati Bhat)
