Reuters Market Eye - The rupee is trading at 61.8250 versus Tuesday's close of 61.74/75.
Dollar gains after plunging on Tuesday, up 0.21 pct.
Dollars buys from oil cos expected to help the USD/INR pair gain further.
Traders say next resistance is at 61.95, a 1-month high.
Most Asian currencies trading weaker versus the dollar.
Investors brace for FOMC minutes this week.
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(Reporting by Gaurav Pai)
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