MUMBAI, Oct 27 (Reuters) - The Indian rupee continued to trade close to three-week lows touched earlier in the session on Tuesday as lower domestic shares and broadly weaker regional peers weighed on sentiment. * At 2 p.m., the partially convertible rupee INR=IN was at 46.90/91 per dollar, off a low of 46.95, its lowest since Oct. 7 and below its previous close of 46.645/655. * A rebound in the U.S. dollar touched off a wave of profit-taking in Asian currencies on Tuesday, with the high-yielding Indonesian rupiah falling as much as 1 percent. [EMRG/FRX] * The rupee briefly trimmed its fall after the Reserve Bank of India left key rates unchanged at its second quarter monetary policy review earlier in the day. For a related story click on [ID:nDEL488785] * Domestic shares .BSESN were trading down 1.7 percent, in line with the fall in global markets on renewed concerns about economic recovery. [.BO] * One-month offshore non-deliverable forwards PNDF were quoting at 46.91/47.01, marginally weaker than the onshore spot rate. * In the currency futures market INRFUTURES, the most traded near-month contracts on the National Stock Exchange and MCX-SX were quoting at 46.90 and 46.8975 respectively, with the total traded volume on the two exchanges at about $2.2 billion. (Reporting by Swati Bhat; Editing by Prem Udayabhanu)

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