The rupee resumed lower at 61.65 per dollar as against the last closing level of 61.52 at the Interbank Foreign Exchange market and dropped further to 61.71. However, it trimmed its losses and was quoted at 61.57 per dollar at 1040 hours.
In New York, US dollar rose against the yen on Tuesday, coming off a nearly one-month low, as a stronger-than-expected report on US retail sales reassured investors that the Federal Reserve could continue to slow the rate of its bond purchases.
Meanwhile, the benchmark Sensex rose 187.42 points, or 0.89 percent, to 21,220.30 at 1045 hours.


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