Forex dealers said increased demand for the American unit from importers mainly weighed on the rupee but surging domestic equity markets and the euro's gain against the dollar, capped the fall.
The rupee had shed one paise to end at one-month low of 61.74 against US dollar in Tuesday's trade.

Meanwhile, the benchmark BSE Sensex opened higher by 130.72 points, or 0.46 percent, to hit another record-high of 28,294.01 in opening trade on Wednesday.

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