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The dollar index was steady at 105.1 after dipping to a near one-month low on Friday after data showed that U.S. employers added fewer jobs than expected in April and the unemployment rate rose.

INDIA-MARKETS/RUPEE:INDIA RUPEE-Rupee declines on weakness in Asian peers, foreign banks' dollar buys

Indian Rupee: Asian currencies were mostly down between 0.1% and 0.3%. The dollar index slipped 0.3% to 105.6, after the Japanese yen recovered from a 34-year low hit earlier on Monday, with traders citing yen-buying intervention by Japanese authorities to support the currency.

The domestic currency closed at 83.44 per US dollar on Wednesday, sliding from 83.38 Tuesday. So far in 2024, the Indian currency has depreciated 0.3% against the US dollar.