Reuters Market Eye - The rupee loses for a fourth session on early follow-on demand from oil and defence importers, say dealers. The pair is at 54.30/31 after opening at 54.18, versus its close of 54.175/185 on Monday.
The RBI chief's comments on inflation and low chances of further rate cuts also weighing on INR.
Most Asian currencies trading firmer versus the dollar.
Dealers are awaiting the inflows related to some recent corporate deals, particularly Qatar's $1.26 billion investment in Indian telecommunication company Bharti Airtel, which should provide some support for the rupee.
(Reporting by Subhadip Sircar)
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