The rupee ended weaker against the greenback on domestic worries.
The Indian rupee resumed sharply lower at 66.65 per dollar against last Friday's level of 66.48.
Rupee gained on increased selling of the US currency by banks and exporters
There is high demand for the US currency from importers
The dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.19 per cent at 95.48.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The dollar index was trading higher by 0.06 per cent against its major global rivals today.
Gold continued its upward trend for the sixth straight day and gained another Rs 190 to Rs 26,190 per ten gram at the bullion market on Thursday.
The rupee has depreciated by about 25 per cent in the past three months, from close to Rs 83 in mid-May, while it was even higher at about Rs 80 against the British Pound in March.
Silver followed suit and gained Rs 65 to Rs 39,600 per kg on increased offtake by industrial units and coin makers.
The rupee briefly touched 66.78 in late afternoon trade due to stray dollar buying by some banks.
The rupee on Monday plunged to a two-week low of 66.61 by falling 47 paise against the US dollar on heavy demand for the American currency from importers.
The domestic currency had last ended at 64.17 per dollar.
The local currency had surged 18 paise to 63.64 in Thursday's trade.
The dollar index was trading lower by 0.03 per cent against its major global rivals today.
Weakness in euro against the dollar weighed on the rupee.
The rupee on Friday snapped its two-day gaining streak against the US dollar.
Lacklustre domestic equities alongside ongoing FCNR redemptions added pressure on the local currency
The Indian unit opened higher at 66.10 per dollar as against overnight level of 66.30 at the Interbank Foreign Exchange market and firmed up further to 66.04 on initial dollar selling.
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Rupee rebounds 26 paise against dollar; snaps 2-day losses
Increased selling of the US dollar by exporters supported the rupee.
Rupee falls 5 paise against dollar, ends at 61.92.
The Indian unit opened sharply higher at 64.80 as against Wednesday's closing level of 65.12.
In Delhi, gold of 99.9 and 99.5 per cent purity fell by Rs 130 each to Rs 30,600 and Rs 30,400 per 10 grams, respectively.
The rupee has gained by 21 paise or 0.31 per cent in last two days
In forward market today, premium for dollar declined on sustained receivings from exporters.
Extending losses for the second straight day, the rupee declined by 11 paise to close at more than 3-week low of 66.93 against the US dollar.
Rupee down 13 paise to 66.72 against dollar
Dollar weakness was a major contributor to the rupee recovery as the skittish investors continued to lighten their long positions.
The rupee on Friday bounced back 32 paise to close at 64.74 against the American currency on fresh selling of dollar.
Indian rupee is likely to test 76-76.50 levels as a relatively strong greenback, boiling crude prices and COVID headwinds deepen the depreciation bias for the domestic currency, according to experts. One of the significantly-hit Asian currency in recent months amid uncertain economic times, rupee is expected to see a consolidation in the vicinity of the current level before being pulled towards the depreciation bias. While the equity market has been surging with occasional blips, the rupee has mostly been weak against the US dollar in recent months.
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
Fag-end selling of dollars by banks and exporters
The rupee extended its losses and slipped 12 paise to 77.74 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and unabated foreign fund outflows. At the interbank foreign exchange, the rupee opened at 77.72 against the American dollar, then lost ground to quote at 77.74, registering a fall of 12 paise from the last close. On Wednesday, the rupee declined by 1?7 paise to close at its fresh lifetime low of 77.6?1 against the US dollar.
RBI fixed the reference rate for the dollar at 66.2930 and euro at 74.8978.
The broader NSE Nifty after shuttling between 10,451.90 and 10,595.75 finally ended 100.30 points, or 0.96 per cent, higher at 10,582.50.
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The basis of Ind-Ra's expectation of INR appreciation is based on economic developments in the last one to two months of this fiscal and the likely developments in the remaining months.
Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore would be raised by way of sale of equity or through debt instruments such as ADR, GDR and FCCBs. In a regulatory filing, the company said the board has cleared issuance of up to 338.3 crore equity shares of face value of Rs 10 each at an issue price of Rs 13.30 per equity share for an aggregate consideration of up to Rs 4,500 crore.
The rupee continued to slide against the pound sterling and finished at 102.64 as against 102.25 previously.
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
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