The rupee ended weaker at 62.26 against the dollar on robust demand for the American currency from oil importers, as markets opened a day after a worldwide close on account of new-year.
The rupee fell a tad as there was a bit of bunched up demand for the dollar, according to a dealer of a public sector bank.
The Indian unit had closed at 61.90 on Wednesday.
Intraday, the rupee moved between a high of 61.74 and a low of 62.27.
Call rate eases; G-Sec flat
The interbank call money rates, the rate at which banks borrow short term money from each other, ended lower at 6.78 per cent from previous close of 7.57 per cent.
Yield on benchmark government security 8.83 per cent (maturing in 2023) remained flat at 8.84 per cent compared with previous close. The price of the security ended at Rs 99.92 (Rs 99.89 on Wednesday).