Dollar closed at 64.9500 against its opening of 65.1200. Dollar ended down in the offshore market traded down during European trades Wednesday tracking the fall in the spot pair, which fell on selling by exporters. The greenback remained subdued against its major peers as lack of US economic data kept some investors on the sidelines. However, US consumer credit is due to be released later today and Janet Yellen is also due to make some comments at an event later today. Asian shares paused at decade peaks Wednesday on concerns Republican plans for major US tax cuts were running into headwinds even before the Senate releases its own version of the proposals.
Investors will also keep an eye on President Donald Trump as he wraps up his visit to Seoul on Wednesday and then head to China, where he is expected to press a reluctant President Xi Jinping to tighten the screws further on Pyongyang over the reclusive state's belligerent pursuit of nuclear weapons.
On the data front the release of China's October trade balance is due today.
BSE Sensex closed lower by 151.95 points to 33,218.81, while the Nifty 50 fell 47 points to close at 10,303.15.