)
The rupee is trading at 61.4375/4425, off day's low of 61.5050 but below Friday's 61.14/15 close.
Caution prevailed ahead of the RBI policy review on Tuesday.
The RBI is expected to keep repo rate on hold but tone in the statement will be key.
The rupee hit a 1-1/2 month low on Friday of 61.62.
Asian currencies retreated broadly on upward revision to US GDP growth.
The Nifty is up 0.1%.
