Bunched up dollar inflows due to trading holidays on Friday and Monday hurt the pair. Live updates: Indian rupee vs US dollar, others
Pair seen in 60.65 to 60.85 range during the rest of the session.
India's trade deficit widens to $12.23 billion in July from $11.76 billion in June, in line with expectations.
Shares hit record highs on Monday. Currently up 0.2 percent.