On Thursday, the rupee jumped 50 paise to close at 62.67 against the Greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
After three sessions of weakness, the rupee strengthened by 50 paise against the dollar.
Rupee ended weak against the dollar.
The rupee fell sharply by 32 paise at 66.37 against the US dollar in early trade on Tuesday.
The rupee on Tuesday lost another 15 paise against the US dollar to close at 65.88
The rupee recovered from initial losses against the US dollar and was quoted barely steady at 61.91 on selling of the American currency by banks and exporters on good foreign capital inflows.
Rupee fell to its 9-month low of 62.03 against the dollar.
The rupee had ended almost flat at 61.41 against the Greenback in the previous session on Wednesday on alternate bouts of buying and selling.
The rupee had shed one paise to end at one-month low of 61.74 against the US dollar in Tuesday's trade.
There was fresh dollar demand from banks and importers.
The US dollar index, which measures greenback's strength against a trade-weighted basket of six major currencies, was up 0.14 per cent at 96.74.
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.
Rupee is under pressure against the dollar on weak cues.
The rupee extended gains for the fourth straight day against the US currency on Thursday.
In forward market today, premium for dollar declined on sustained receivings from exporters.
The markets had touched their highest levels in a month.
The rupee had depreciated by 13 paise to end at 67.20.
Bearish dollar overseas also supported the rupee
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
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.
A weak dollar in overseas market in view of the Federal Reserve's cautious stance on interest rate strengthened the rupee value.
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
The Indian benchmark S&P BSE Sensex today eased by 14.59 points, or 0.05 per cent after touching its all-time intra-day peak.
Forex dealers said besides the dollar gaining against other currencies in the global markets on the back of a strong US economy, increased demand for the American unit from importers weighed on the rupee but a higher opening in the domestic equity markets, capped the fall.
The rupee bounced back by 10 paise to end at 68.62 on Friday.
The domestic currency has already dropped 44 paise, or 0.67 per cent, in the previous two sessions.
The dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
The rupee had plummeted to over three-month low of 63.32.
The rupee recovered from more-than three months low of 63.15 in early trade on dollar selling by banks.
The Fed's decision on tapering its monthly $85 billion bond-buying programme is expected later on Wednesday.
A strengthening dollar overseas also kept the rupee under pressure amid demand from importers. Goldman Sachs followed JP Morgan, HSBC and Nomura in cutting India's economic growth forecast and also said it expects the rupee to touch 72 against the dollar in the next six months.
Cautious optimism over US-China trade talks after US President Trump said his trade negotiators had received two "very good calls" from Beijing also influenced the local currency, dealers said.
The rupee rose by 4 paise at 66.88 against the US dollar in early trade on Wednesday.
The rupee has declined by 24 paise in four days of losses.
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 rupee had gained 28 paise against the American currency to settle at nearly two-month high at 66.74 in Monday's trade.
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 domestic currency has tumbled by 104 paise, or 1.63 per cent, in last six trading days.
Dealers attributed the fall to the dollar's gains after China devalued yuan, which pushed up demand from importers for the US currency.
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