The rupee had shed 10 paise to close at 66.14.
Rupee weakened by 10 paise to end at 66.14 against the dollar due to month-end demand from importers and banks.
The benchmark Sensex conquered yet another milestone of 28,000 for the first time briefly before concluding at a new closing peak of 27,915.88, a rise of 55.50 points of 0.20 per cent.
The Indian rupee will bounce from its record low level of close to Rs 52 against the greenback and will gain about 10 per cent in 12 months once overseas borrowings resume, Goldman Sachs has said.
A fresh demand for the US currency from importers weighed on rupee.
The local currency had gained 10 paise to close at 63.51.
Ouch! The dollar's drop translates into rapidly rising rents for some residents of these 10 cities.
The deficit means foreigners are sitting on constantly growing piles of American currency
On Wednesday, the rupee ended barely steady at 64.93.
The Indian rupee today dipped to a two-year low of 46 against the US dollar following heavy demand from importers for the greenback.
A fall in the dollar against major currencies and higher capital flows have pushed up the rupee against the greenback. "To the extent that RBI, with a view to reduce undue volatility, intervened in the foreign exchange market, such appreciation was moderated," he told Lok Sabha.
Gold price is declining due to the strengthening of dollar in the wake of the US Federal Reserve's move to control rate on inflation concerns.
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Falling for the third day, Indian rupee on Wednesday weakened by 14 paise to close at over one-week low of 62.02 against the Greenback.
The rupee firmed up by 15 paise to close at 62.36 per dollar on fresh selling by banks
Resuming its slide against the greenback, the Indian rupee plunged to its more than one-year low of 41.76/77 against a US dollar. Heavy demand for US currency in view of high oil prices continued modest on its short supply. The Interbank Foreign Exchange (Durex) market witnessed brisk trade with wide fluctuations in the local currency in a range of 41.55 and 41.79 during the day. The local currency lost 41 paise against the US counterpart.
The rupee had shed 9 paise to end at 64.13 on Friday.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
The rupee on Monday tumbled by 68 paise to close at a nearly 8-week low of 66.44 against the American currency.
The greenback's strength against other Asian currencies and lacklustre local equity markets made the rupee depreciate.
Sensex crashed more than 1,000 points in opening trade. Asian stocks plunged too on Friday.
Strong month-end demand for the US currency mainly from oil importers along with currency futures expiry related purchases predominantly weighed heavily on the forex market and haunted investor sentiment.
Rising productivity and product diversification ensured high export growth in the past.
The rupee is under pressure for the past one week.
The rupee settled at 61.71. In straight three sessions, the currency has shot up 51 paise or by 0.82 per cent.
The rupee surged to its highest level in five weeks to end at 65.58 by gaining 38 paise against the US currency.
Extending losses for the fourth straight session, Indian rupee on Monday declined by ten paise to log over 13-month closing low of 63.67.
The local currency had shed 2 paise to close at 63.44 on Tuesday.
The rupee fell to an all-time low of 61.21 per dollar, forcing the Reserve Bank of India to intervene to stabilise the currency.
India Inc is unfazed by the sharp fall of the rupee against the greenback as most big firms have already hedged their foreign exchange exposures.
The dollar index eased 0.05 per cent to 98.69.
The rupee closed marginally stronger against the dollar on Wednesday.
Rupee closed at 61.86 against the dollar on Tuesday.
The rupee edged higher by three paise to 66.46 against the US dollar in early trade on Wednesday.
Investors remained cautious in the face of the expiry of November series contracts in the derivatives segment, which also dampened sentiment.
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The rupee on Monday continued its upward march against the US dollar for the third day, firming up by another 10 paise to 66.00 on fag-end selling of the American currency by banks and exporters.
The fall comes a day after it hit its highest gain in eight years.
If the greenbacks don't pour in, our markets can't do the Indian rope trick. That has been very evident last week and all of November. The FIIs have just sold stocks worth close to a billion dollars and our markets have taken a 10 per cent or 2,050 point correction.
Rupee is likely to remain under pressure due to domestic concerns.
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