Rupee lower; share gains may limit fall

Traders see rupee in 61.40 to 61.65 band during the session

The rupee is trading at 61.55/56 versus Monday's close of 61.4950/5050. Most Asian currencies are down against the dollar.

Dollar is steady after the US payrolls data.

The Nifty is trading up 0.2%. It may limit a sharp fall in the rupee against the dollar.

Traders see pair in range of 61.40 to 61.65 during the session.