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.
It moved in a range of 66.9250 and 66.70 per dollar during the day
On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.
The rupee is under pressure for the past one week.
The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.
Those who consider the rupee as a proxy for virility have started thumping their chests and dreaming of dethroning the dollar from its coveted position, observes Tamal Bandyopadhyay.
The dollar was weak against major world currencies.
Rupee closed at 61.86 against the dollar on Tuesday.
Recovering from early losses, the rupee on Friday ended marginally higher at 64.81 against the US dollar.
The rupee had hit a record low of 68.85 in August 2013.
On Monday, the rupee had lost 14 paise to close at 66.62 against the US dollar.
The dollar index was trading lower by 0.03 per cent against its major global rivals today.
Therupee staged a smart rebound from its low towards the fag-end trade on dollar selling as well as suspected intrusion by the Reserve Bank to end steady at 63.39.
Snapping its two-day losing streak, the rupee on Monday bounced back by 9 paise to 66.67 against the US dollar.
The Indian rupee had lost 10 paise to close at 64 on Thursday.
The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
Dollar's weakness against other currencies in the global market made the local unit stronger.
Strong foreign fund inflows, a weakening dollar and slipping oil prices propped up the local unit.
The rupee had ended 11 paise higher at 62.20 on Tuesday.
Monday's morning trade sees increased selling of USD by exporters.
The rupee is seen weakening against dollar in current week.
The Indian rupee on Wednesday ended unchanged against the US dollar at 61.41 ahead of the outcome of US Federal Reserve's policy meeting.
The rupee had ended 12 paise higher at 63.70 on Monday.
The US dollar jumped in overseas market on Wednesday.
The local currency opened at 62.20 a dollar from the previous close of 61.93 and immediately touched a low of 62.29 at the interbank foreign exchange market.
The rupee had gained 16 paise to close at over one-month high of 62.16 on Monday against the American currency on persistent selling of dollars by banks and exporters on hopes of capital inflows into domestic markets.
the rupee had closed steady at 67.95 per dollar on Monday.
The local currency had gained five paise to close at 66.35 in Monday's trade.
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.
on Monday, the rupee ended lower by 4 paise.
The domestic unit hovered in a range of 66.45 and 66.61 per dollar during the day.
The rupee ended lower by six paise at 65.73 against the US dollar on Monday.
The Indian currency has shrunk 2.92 per cent since Donald Trump's victory in the US presidential polls earlier this month.
The dollar index was down by 0.02 per cent against a basket of six major currencies.
Rupee weakened by 10 paise to end at 66.14 against the dollar due to month-end demand from importers and banks.
The local currency had gained 10 paise to close at 63.51.
The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.
The Rupee is likely to recover during day trad, say currency watchers.
The rupee on Tuesday tumbled by 32 paise to close at 64.17 on fresh dollar demand from importers.
The rupee recovered by 13 paise to close at 66.31 per dollar on fresh selling of dollars by banks and exporters despite fall in equity market.