Consistent capital inflows and a recovery in local equities helped the local unit to trim initial losses
The rupee recovered marginally at close against the dollar.
The rupee snapped 2-day rise to end weaker against the dollar on Thursday.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
The RBI fixed the reference rate for the dollar at 64.1505 and for the euro at 72.2720.
The rupee had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.
Overall forex market sentiment remained cautious
Extending losses for the second straight day, the rupee declined by 11 paise to close at more than 3-week low of 66.93 against the US dollar.
In dull trade, the rupee on Monday ended a mere two paise lower at 60.20 against the US dollar on weak local equities and imported-driven demand for the American currency.
The Indian unit opened sharply higher at 64.80 as against Wednesday's closing level of 65.12.
The rupee snapped its two-day winning run against the dollar.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
A weak US dollar in overseas markets was the main reason for the rupee's rise even as losses in domestic stocks and some fag-end dollar demand from importers prevented further gains
The dollar index was trading higher by 0.06 per cent against its major global rivals today.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
The rupee recovered by 11 paise to trade at 60.84 against the US dollar in early trade today on selling of the American currency by banks and exporters.
Heavy unwinding by foreign portfolio investors and lacklustre equities dampened the sentiment
The rupee continued to rule firm against the dollar for the second consecutive day.
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
This is its lowest level since August 30
Persistent fall in crude oil prices affected the market sentiment
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
Recovery in the equity market also boosted the rupee value against the dollar, a forex dealer said
The rupee had slumped to its all-time closing low of 68.80 a dollar on August 28, 2013.
Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain
Investors are trying to push ahead with dollar purchases, emboldened by improving market sentiments
Reflecting nervousness over the prospect of the Federal Reserve tightening policy and event risk, traders stayed on the sidelines
The domestic currency had gained by 80 paise, or 1.19 per cent, in previous five trading days.
In worldwide trade, the US dollar continued its highly bullish trend against all major emerging market currencies
The Indian rupee resumed sharply lower at 66.65 per dollar against last Friday's level of 66.48.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
The RBI fixed the reference rate for the dollar at 65.2525 and for the euro at 72.1954.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
US dollar was firm against global currencies in overseas markets on rising prospects for a rate hike by US Federal Bank, which hit the rupee sentiment
Sensex firm on favourable GDP numbers for FY16.
The rupee appreciated 6 paise to 78.27 against the US dollar in opening trade on Monday as heavy buying in domestic equities and weakness in the greenback strengthened investor sentiment. However, elevated crude prices and persistent foreign fund outflows restricted the rupee's gain, forex dealers said. At the interbank foreign exchange, the rupee opened sharply up at 78.24 against the US dollar, then inched lower to quote 78.27, registering a gain of 6 paise over the last close.
In the global market, the US dollar index, which tracks the greenback against a basket of six major rivals, was up by 0.33 per cent.
The rupee ended marginally higher by two paise at 62.24 against the dollar on Wednesday.
Increased demand for the American unit from importers and banks, affecting the value of the rupee
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