Dealers attributed the rupee's fall to fresh demand for USD.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
Weakness in the dollar against some currencies supported the rupee.
The rupee rose by 4 paise at 66.88 against the US dollar in early trade on Wednesday.
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 rupee closed marginally stronger against the dollar on Wednesday.
The rupee depreciated further by 7 paise to 65.12.
The rupee had shed 13 paise to close at 64.04.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The Indian rupee on Friday rose for the fifth straight session against the Greenback and ended at 62.46.
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
Month-end dollar demand affected the rupee
After three sessions of weakness, the rupee strengthened by 50 paise against the dollar.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
Rupee logs longest winning streak since 2012; up 19 paise.
The rupee on Thursday surged by 22 paise to close at a fresh three-week high of 61.75 against the US currency.
A weakening dollar against other currencies overseas supported the rupee.
Dealers attributed the fall to the dollar's gains after China devalued yuan, which pushed up demand from importers for the US currency.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
The Indian rupee on Monday reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback.
The rupee recovered from initial losses against the American currency and was quoted higher by 6 paise to 62.00 on fresh selling of dollars by banks and exporters in view of strong foreign capital inflows into equity market.
Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering Sino-US trade tensions, weighed on the domestic currency.
A weak dollar in overseas market boosted the rupee sentiment
The Rupee is seen recovering from its all-time lows against the dollar.
Rupee gains for 4th day against dollar, up 17 paise on Fed stance.
Rupee ends flat against dollar ahead of Fed policy outcome.
The rupee on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
The rupee has declined by 24 paise in four days of losses.
Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise
Persistent foreign capital inflows also boosted sentiment.
The rupee had plummeted to over three-month low of 63.32.
A weak dollar in overseas markets also strengthened the rupee sentiment
The rupee ended weaker against the greenback on domestic worries.
Sharp fall in domestic stock market also affected the rupee sentiment.
Rupee is seen strengthening against the dollar.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was sharply higher by 0.62 per cent at 93.96.
The rupee resumed higher at 61.13 per dollar as against yesterday's closing level of 61.40 at the Interbank Foreign Exchange and strengthened further to 60.90 per dollar before ending at 61.05 per dollar, a gain of 35 paise or 0.57 per cent.
The rupee has gained by 21 paise or 0.31 per cent in last two days
Rupee falls 5 paise against dollar, ends at 61.92.