The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
Healthy demand for the American unit from importers and corporate weighed on the rupee
The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at the interbank foreign exchange market.
The rupee appreciated by 37 paise to 62.12 against the dollar in early trade on Monday.
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 extended its fall for the fourth consecutive day by losing another 6 paise to hit a fresh one-month low of 62.31.
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The rupee had ended 11 paise higher at 62.20 on Tuesday.
The rupee resumed higher at 59.10 per dollar as against the last Friday's closing level of 59.17 at the Interbank Foreign Exchange market.
The rupee bounced back by four paise to close at 65.27 per dollar on fresh selling of the American currency by banks.
India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
The rupee on Wednesday strengthened by another 3 paise to 62.82 against the US dollar.
A lower opening of the domestic equity market put pressure on the rupee.
Initially, hair care products such as Vatika hair oil and shampoos, Meswak toothpaste, Chyawanprash and honey would be made available.
The local currency had surged 35 paise to 63.65 in Thursday's trade.
The rupee ended lower by six paise at 65.73 against the US dollar on Monday.
The rupee had dropped 15 paise or 0.22 per cent yesterday.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
The rupee had shed 10 paise to close at 66.14.
The rupee had shed 13 paise to close at 64.04.
Continued capital inflows by foreign funds and retail investors kept market's mood upbeat, traders said.
The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
Shares of metal, realty, consumer durables, auto, capital goods and banking hogged limelight on a flurry of buying by investors
Stocks smashed previous records as the Sensex on Thursday raced to close at a fresh high of 30,750 zooming 448 points.
This is its lowest level since August 30
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
The rupee on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
Weakness of dollar in the overseas market also boosted the domestic currency, a forex dealer said.
The rupee on Thursday gained 39 paise to close at a nearly 10-month high of 59.29 against the US dollar following sustained selling of the American currency by exporters and continued capital inflows, ahead of keenly-waited Lok Sabha poll results to be unveiled on Friday.
Extending losses for the second straight session, the rupee slipped by 11 paise at 66.54 against the US dollar.
The rupee ended marginally lower by three paise at 66.36 against the US dollar.
On Wednesday, the rupee ended barely steady at 64.93.
The rupee has dropped by 49 paise or 0.75 per cent in four days.
The rupee plunged by 28 paise to more than 2-month low of 66.47 against the US dollar on Monday.
The Rupee is seen weakening further against the dollar.
The rupee resumed lower at 64.20 per dollar.