The rupee is trading at 61.16/17 after closing at 61.19/20 on Monday. The pair had touched 61.74 on Friday, its highest since March 5.
Asian currencies are trading mixed-to-positive versus the dollar.
The dollar index is up 0.08%. The index remains sluggish as focus stays on geopolitical tensions.
The Nifty is up 0.5%, heading for its second consecutive winning session.