under focus and fears of no confidence motion against the government has dented sentiments....," he added.
The premium for the forward dollar ended steady to easy on fresh stray receipts by exporters.
The benchmark six-month forward dollar premium payable in April softened to 143-145 paise from Monday's close of 144-1/2-146-1/2 paise.
However, far-forward contracts maturing in October ended stable at its overnight closing level of 283-285 paise.
The RBI has fixed the reference rate for the US dollar at 54.9100 and for euro at 70.2380.
The rupee remained sluggish against the pound sterling to 87.75 from previous close of 87.58 and also declined further to 70.56 per euro from 70.32.
It, however, improved further against the Japanese yen to 67.73 per 100 yen from last close of 67.83.