A fresh demand for the US currency from importers weighed on rupee.
On Tuesday, the rupee had declined marginally by 3 paise to 66.03.
Strong rebound in local equities restricted the rupee's fall.
The rupee had ended 5 paise lower at 67.49 on Monday.
The rupee had lost three paise to hit two-month closing low of 66.80.
On Wednesday, the rupee ended barely steady at 64.93.
The rupee had eased by 2 paise to close at fresh 2-month low of 62.78.
Rupee hits 2-month low against dollar on US rate hike fears.
On Monday, the rupee had lost 14 paise to close at 66.62 against the US dollar.
The rupee had advanced 7 paise to end at 65.51 on Thursday.
The rupee shed 6 paise to hit a fresh 1-month low of 62.31 on Thursday.
This is rupee's lowest since 62.32 on January 9.
SBI managing director PK Gupta told reporters that the rupee has been faring better than many of its peers, including the Turkish, Argentinean, and Indonesian currencies.
Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering Sino-US trade tensions, weighed on the domestic currency.
On Monday, the rupee had moved up by 3 paise.
The rupee has dropped by 49 paise or 0.75 per cent in four days.
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
The rupee settled at 61.71. In straight three sessions, the currency has shot up 51 paise or by 0.82 per cent.
The economy is likely to grow at about 5.6 per cent in 2014-15 and fiscal and current account deficits no longer pose a threat to macroeconomic stability, India Ratings said on Friday.
Extending losses for the fourth straight session, Indian rupee on Monday declined by ten paise to log over 13-month closing low of 63.67.
The rupee had shed 9 paise to end at 64.13 on Friday.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
The rupee closed marginally stronger against the dollar on Wednesday.
Rupee closed at 61.86 against the dollar on Tuesday.
The greenback's strength against other Asian currencies and lacklustre local equity markets made the rupee depreciate.
The domestic currency had gained seven paise on Friday.
It has gained by 23 paise or 0.36 per cent in two days
The rupee had depreciated by 13 paise to end at 67.20.
Sustained rise in equity markets in view of progress in monsoon mainly boosted the rupee value against the dollar.
Dollar's weakness against other currencies in the global market made the local unit stronger.
The rupee has lost 23 paise or 0.35 per cent in two days.
The rupee is under pressure for the past one week.
The rupee slumped to 64-level against the American currency, its second straight fall this week.
It moved in a range of 63.54 and 63.81 per dollar during the day.
The rupee had firmed up by 28 paise to close at 3-week high of 66.97 in Monday's trade.
The local currency had shed 2 paise to close at 63.44 on Tuesday.
Monday's morning trade sees increased selling of USD by exporters.
The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.
The rupee on Monday tumbled by 68 paise to close at a nearly 8-week low of 66.44 against the American currency.
The rupee surged to its highest level in five weeks to end at 65.58 by gaining 38 paise against the US currency.
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