Ends at 48.91/92 per dollar
Rupee recovered from an early fall to 1-1/2-month lows past 49 per dollar, helped by gains in the yen against other major currencies.
Rupee ended at 48.91/92 per dollar, marginally stronger than its previous close of 48.93/94. It fell to 49.05 in early trade, its weakest since July 13.