The rupee gained 31 paise to close at 66.42 in Thursday's trade.
The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.
Stock markets opening with losses too put pressure on the domestic unit.
Forex dealers said a higher opening in the domestic equity market also supported the rupee.
Sustained month-end demand from banks and importers weighed.
The rupee had gained 90 paise, or 1.34 per cent.
Strength in dollar against some other currencies overseas weighed on the rupee
Besides selling of dollars by exporters, strength in other currencies against the American unit overseas also supported the rupee.
Dealers attributed the rupee's fall to increased demand.
Besides, a higher opening in the domestic equity market and gains in other Asian currencies against the dollar also supported the rupee.
Forex dealers said increased demand for the dollar from importers also put pressure on the rupee.
A higher opening in the domestic equity market influenced the rupee uptrend
A weakening dollar against other currencies overseas supported the rupee.
The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers
Forex dealers attributed the rupee's fall to increased dollar demand from importers amidst rising global crude prices
Falling for the first time in three days, the rupee washed out initial gains to end four paise lower at 62.57 today on caution ahead of US non-farm payrolls data and sustained capital outflows from Indian markets.
In line with equity market, the rupee trimmed its initial losses but was quoted still lower by 17 paise on dollar demand from banks and importers despite weakness of the US currency overseas.
Fresh demand for the American unit from importers put pressure on the rupee.
On Tuesday, the rupee had gained 10 paise to close at 66.52.
Dealers said besides increased dollar selling by exporters, a higher opening in domestic equity market and yen's gain against the American currency overseas helped the rupee to recover.
Fresh demand for the American unit from importers put pressure on the rupee.
Dollar's weakness against some other currencies overseas supported the rupee.
Nifty futures traded in Singapore were trading down 0.8 percent in line with other emerging Asian markets.
Weak domestic shares and foreign institutional investors' selling about 39 billion rupees of index futures in the last four trading sessions weighed on the rupee, dealers said.
The US dollar index, which tracks the greenback against a basket of six major currencies, was 0.38 per cent lower at 95.41.
At the Interbank Foreign Exchange market, the domestic currency commenced weak at 55.68 a dollar from Monday's close of 55.57 against the dollar.
The rupee on Monday gained for the first time in three days and closed up 12 paise to 62.56 against the dollar on fag-end sales of the US currency.
There was sustained selling of the American currency by exporters ahead of a decision of US Federal Reserve on tapering its monetary stimulus.
Rupee gained on fresh selling of dollars by banks ahead of the RBI policy meeting.
Weakness in the dollar against some other currencies overseas, supported the rupee
Appreciation of the dollar overseas amid a lower opening in the domestic equity market affected the rupee
A higher opening in domestic stock market supported the rupee.
The rupee on Monday fell by 40 paise to 59.96 in early trade on the Interbank Foreign Exchange market, weighed down by dollar's gains against other currencies in global markets.
The rupee had ended 47 paise higher at 60.14 against the US currency in the previous session.
A higher opening in the domestic equity market and a weak dollar against other currencies overseas on a string of disappointing US data last week also supported the gain in the rupee
Weakening of the dollar against other currencies overseas, following disappointing economic data and a higher opening in the domestic equity market, supported the rupee.
The dollar index, a gauge of six major currencies, was down by 0.13 per cent as it lost ground against the euro following a better-than-expected survey of German sentiment.
The fall would have been much more pronounced, had there not been sustained capital inflows worth of over $100 million in equities, forex dealers said.
The rupee lost 37 paise to end at 62.60 against the dollar on Tuesday following demand for the US currency and a fall in local equities on further rate hike concerns.
Forex dealers said besides dollar weakening against the euro in overseas markets, higher opening in the equity market and increased foreign funds inflows mainly supported the rupee.
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