Reuters Market Eye - Rupee trades at 54.25/26 versus its previous close of 54.43/44, tracking the dollar's losses versus most other Asian currencies.
The dollar fell against the yen in Asia on Wednesday as traders bet U.S. President Barack Obama has a slight edge over his challenger Mitt Romney in a close-fought election.
Traders also watching the domestic share market moves for cues on foreign fund flows during the day. The BSE Sensex trading flat ahead of the U.S. election results.
Traders predict a 54.15 to 54.45 range on the pair until the final election results.
