The rupee was trading marginally lower at 65.76 per dollar in afternoon trade after hitting a fresh one-month low of 65.87 against the US dollar at 3 pm due to dollar sales by banks.
The rupee had lost 26 paise to close at more than one-month low of 65.75 against the US dollar yesterday on fresh demand for the American currency from banks and importers amid higher greenback in overseas markets.