The rupee had retreated from nearly two-week high and ended three paise lower at 60.12 against the Greenback in yesterday's trade.
Rupee fell to its 9-month low of 62.03 against the dollar.
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
As stock markets continue to witness a dream rally, the total market valuation of domestic listed companies has soared to a record $1.6 trillion on a day the benchmark BSE Sensex ended at a new closing high of 28,177.88.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
While OPEC has been unable to agree on an output freeze in an effort to support prices, Iraq was the latest Middle East producer to raise its exports quota
Concerns related to capital outflows in the aftermath of the first US interest rate hike in nearly a decade predominantly weighed on the rupee trade.
The rupee had lost 30 paise to close at 61.35 in the previous session on Friday on fresh demand for the US currency from banks and importers due to firm dollar overseas and sharp fall in local equities.
The Indian rupee on Thursday appreciated by 12 paise to end at 66.71.
Raghuram Rajan has described the fall in reserves as dip in valuation with appreciation of dollar against other currencies
The rupee ended weaker against the greenback on domestic worries.
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
The rupee ended at a 2002 closing high against the dollar on Wednesday, boosted by robust remittances by exporters and banks going short on the greenback on hopes that more gains were in store for the local currency.
In the latest large opinion poll, the opposition Bharatiya Janata Party and its allies were forecast to win a narrow majority in the 543-seat lower house of parliament, compared with previous surveys predicting that they would fall short.
The rupee had gained 2 paise to end at 60.93 against the greenback in Thursday's trade.
Fresh dollar selling by banks and exporters largely helped the home currency to recover from early losses
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
The rupee ended at a 26-month closing high on Tuesday, breaching the key 46.8 per dollar mark on the back of robust trade and foreign fund inflows and the greenback's overseas weakness, traders said.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
The precious metal gold peaked to 11 week high on the domestic markets Friday following higher international advices on weaker dollar.
The rupee recovered by 15 paise at 65.49 against the US dollar.
The rupee had retreated from three-week high and ended six paise down at 60.67 against the dollar on demand from importers for the US currency in Thursday's trade.
Reflecting nervousness over the prospect of the Federal Reserve tightening policy and event risk, traders stayed on the sidelines
In New York, the dollar was up last Friday against its major rivals following weak German economic data.
Rupee rises by 16 paise against dollar on fresh selling.
The rupee had recovered by 8 paise to close at 66.91 in Tuesday's trade.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
Rupee rebounds from one-week low, up 9 paise against dollar.
The rupee had ended five paise lower at 61.92 on Tuesday.
The rupee has been under immense pressure due to a host of reasons including soaring crude oil prices, sustained foreign fund outflows and widening current account deficit.
In forward market today, premium for dollar declined on sustained receivings from exporters.
Rupee retreats from 3-week high against dollar ahead of Budget.
The rupee ended marginally lower by three paise at 66.36 against the US dollar.
The rupee slipped marginally by two paise at 66.43 against the US dollar on good demand
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