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Forex traders said the Dollar index gained strength after US Federal Reserve Chairman Jerome Powell reignited worries of a 50-bps rate hike in the Federal Open Market Committee (FOMC) meeting to be held on March 21-22, 2023.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.01 per cent to 101.92.
Forex traders expect the rupee to trade with a slight negative bias on global economic concerns.
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.19 per cent higher at 102.40.
At the interbank foreign exchange market, the rupee opened on a positive note at 81.29 against the greenback, but pared the gains and fell to an intra-day low of 81.73.