The benchmark six-month premium payable in December fell further to 231-233 paise from 232.5-234.5 paise previously. Far-forward contracts maturing in June, 2015 softened to 475-477 paise from 476-478 paise.
The Reserve Bank of India fixed the reference rate for dollar at 60.1903 and for the euro at 81.6560.
The rupee recovered against the pound to 102.92 from last close of 103.16 while improved further to 81.35 per euro from 81.85. It rose to 59.08 per 100 Japanese yen from 59.18.