The rupee made a tepid start today by recovering a mere 3 paise to 64.05 against the dollar.
Banks and exporters got into fresh selling of the US currency, which lost ground overseas too.
What kept the rupee gains on a leash was a muted opening in domestic equities.
Yesterday, the rupee had closed lower by 3 paise at 64.08 on fresh spell of dollar demand.
Meanwhile, the benchmark Sensex fell 57.74 points, or 0.18 per cent, at 30,524.86 in early session today.