The dollar index surged to multi-year high.
The Indian rupee on Friday rose for the fifth straight session against the Greenback and ended at 62.46.
The rupee on Thursday surged by 22 paise to close at a fresh three-week high of 61.75 against the US currency.
The rupee had lost 21 paise on Tuesday's trade.
There is high demand for the US currency from importers
The Indian benchmark S&P BSE Sensex today eased by 14.59 points, or 0.05 per cent after touching its all-time intra-day peak.
This is rupee's lowest since 62.32 on January 9.
On Thursday, the rupee jumped 50 paise to close at 62.67 against the Greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
The rupee had shed one paise to end at one-month low of 61.74 against the US dollar in Tuesday's trade.
Increased demand for the dollar from importers put pressure on the rupee.
Rupee rebounds from one-week low, up 9 paise against dollar.
Forex dealers attributed the fall to increased demand for the dollar.
The dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
Dollar gained against major currencies overseas.
Rupee ends day at 61.91 against the US dollar.
Rupee logs longest winning streak since 2012; up 19 paise.
The rupee gained 28 paise on Thursday to close at 62.50.
The rupee hit a near 10-month high as an alliance led by pro-reform and business friendly Hindu nationalist Narendra was on course for an absolute majority.
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
The Indian rupee was off to a bad start in the new year as it suffered the worst single-day drop in over two weeks today by falling 32 paise to end at 63.35 against the US dollar.
The rupee strengthened by 13 paise to 61.67 against the US dollar at close.
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
The Rupee is expected to weaken further against the dollar.
The rupee had strengthened by 19 paise on Monday.
The rupee had ended five paise lower at 61.92 on Tuesday.
Extending its losing streak for the fourth straight day, the rupee weakened by five paise to 61.01 against the US dollar in early trade today at the Interbank Foreign Exchange market on high demand for the American currency from importers.
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