The spot rupee snapped two-day winning streak on the very first trading day of New Year 2017, the domestic currency opened lower by 5 paise at 67.97 as against the US dollar.
In the past two trading session, the rupee advanced 32 paise.
Now, the spot currency is quoted at 67.97 - down 5 paise.
Meanwhile, January rupee futures are trading at 68.13 per dollar.
The counter has seen trades of around 47,962 contracts so far on the NSE.
Compared to the European-currency, the Indian rupee, however, has gained 19 paise at 71.49.
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