The rupee recovers some losses after dollar selling by custodian banks.
The Indian unit trades at 61.4450 after falling to 61.55 earlier in the day, versus 61.35/36 previous close.
Dollar index at 3-1/2 week high after Fed's optimistic economic view.
Fed says rates will remain low for a "considerable time."
Most Asian currencies trading weaker against the dollar.
The Nifty is up 0.8 percent.
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(Reporting by Gaurav Pai)