The dollar maintained its bullish momentum in Asian and early European trade
The rupee on Friday fell by 9 paise to 67.64 per dollar on fresh demand for the American currency.
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
The US currency's decline against major world currencies alongside fag-end dollar supply largely helped the rupee recoup some of its initial losses
The rupee plunged by 28 paise to more than 2-month low of 66.47 against the US dollar on Monday.
The rupee recovered by three paise to close at 67.65 on fresh selling of dollars by banks and exporters amidst a recovery in equities.
The rupee snapped its two-day winning run against the dollar.
Recovering from early losses, the rupee on Friday ended marginally higher at 64.81 against the US dollar.
Investors are trying to push ahead with dollar purchases, emboldened by improving market sentiments
A lower opening at the domestic equity market and the dollar's rise against other major currencies overseas also put pressure on the rupee, dealers said.
Interestingly, none of the top large apparel exporting countries, including the US, saw any significant jump in shipment to the UAE
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
Lower dollar in the overseas market also boosted the rupee value
Increased demand for the American unit from importers and banks, affecting the value of the rupee
The rupee briefly touched 66.78 in late afternoon trade due to stray dollar buying by some banks.
The rupee appreciated by 37 paise to 62.12 against the dollar in early trade on Monday.
The rupee extended gains for the second straight session against the US currency by firming up 21 paise to close at 64.82 a dollar.
Persistent foreign capital inflows also boosted sentiment.
The rupee strengthened by 14 paise to close at 66.41 against the US dollar on Wednesday.
The RBI fixed the reference rate for the dollar at 63.8061 and for the euro at 69.6571.
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
Dollar weakness was a major contributor to the rupee recovery as the skittish investors continued to lighten their long positions.
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
At lower levels, a supportive buying in dollar forced rupee to depreciate since opening trade
BSE Bankex and Telecom indices led the fall.
Even the persistent rise in equity market failed to restrict the rupee's fall.
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.
Hopes of more foreign funds on the back of sharp recovery in domestic equity market also boosted the value rupee against the dollar
The stubbornly high global crude oil prices are opening up a can of worms to heightened inflation risks and likely to disrupt government's fiscal maths along with deteriorating global financial conditions.
The rupee slumped to 64-level against the American currency, its second straight fall this week.
Weakness of dollar in the global markets and foreign capital outflows also affected the rupee sentiment.
The rupee ended weaker against the greenback on domestic worries.
The rupee ended the day stronger against the dollar.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
There's sustained demand for the American currency from importers and banks
