The domestic currency had gained by 80 paise, or 1.19 per cent, in previous five trading days.
The rupee is expected to become more jittery and choppy in the near-term
A weakening dollar against other currencies overseas supported the rupee.
The domestic currency has dropped 40 paise or 0.60 per cent in two days
The combined 10 Asian currencies have appreciated by 6.6%.
Dollar gained against major currencies overseas.
Bullion traders said sustained buying by jewellery fabricators and retailers to meet the festive season demand mainly kept precious metal prices higher.
It has gained by 23 paise or 0.36 per cent in two days
In forward market, premium for dollar continued to fall due to persistent receivings from exporters.
Sustained rise in equity markets in view of progress in monsoon mainly boosted the rupee value against the dollar.
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
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.
Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.
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 had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
The rupee snapped its two-day winning run against the dollar.
Heavy offloading by foreign portfolio investors also weighed on the rupee
The phone conversation between Jaishankar and Blinken came days after Russian Foreign Minister Sergey Lavrov paid a two-day visit to India.
The rupee has lost 37 paise or 0.55 per cent in two days.
Dr Reddy's was the top gainer in the Sensex pack, rising over 3 per cent, followed by PowerGrid, TCS, HCL Tech, Infosys and Reliance Industries. On the other hand, L&T, IndusInd Bank, Bajaj Finserv and Bharti Airtel were among the laggards.
A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the rupee
This is the biggest one-day fall in the rupee since August 3, 2016
Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain
Traders said appreciating rupee against the American currency made imports of dollar denominated precious metal cheaper, which mainly kept pressure on bullion prices.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
Adequate dollar supply gave a boost to the local currency
There's sustained demand for the American currency from importers and banks
Weakness of dollar in the overseas market also boosted the rupee value.
Persistent foreign capital inflows also boosted sentiment.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
gold prices fell by Rs 210 to Rs 26,600 per 10 grams.
Weakness in dollar in the overseas market also boosted the rupee value
Silver also rose sharply by Rs 640 to Rs 35,700 per kg.
Silver also extended its rally for the eighth day.
Dollar's strength against other currencies overseas capped the rupee's gain
Forex dealers said that weakness in the dollar against other currencies overseas also supported the rupee.
'The Ruble is now down 50 per cent and worth less than one American penny since Putin announced his war'
The domestic unit moved in a range of 64.14 and 63.99.
The local currency had lost 119 paise in the past five sessions on rising worries over current account gap and fears that withdrawal of US stimulus will hit inflows from overseas.