It has opened marginally lower at 70.63 per dollar versus previous close 70.59.
On Wednesday, the rupee closed at a historic low of 70.59 after it plunged to all-time low of 70.65 on the back month-end dollar demand from importers and foreign capital outflows.
Yesterday rupee posted a biggest single session decline against US dollar since August 13.
The rupee has fallen by 10 percent this year so far - making it the worst-performing currency in Asia.
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