The rupee is at 61.59/60 versus its close of 61.55/56 on Monday (13 Janaury) as the the dollar gains versus most other Asian peers.
The rupee is seen in a range of 61.50 to 62.00 till the WPI data due to be released around noon (0630 GMT).
India's retail inflation in December eased to a three-month low as vegetable prices fell, giving some relief to policymakers struggling to contain price pressures as growth hovers at a decade low.
The BSE Sensex is up 0.6 per cent and will be watched for cues on foreign fund flows.
