Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
If you are travelling internationally in the next two months, it's a good time to exchange your currency.
The rupee ended weaker against the greenback on domestic worries.
The partially convertible rupee was trading at 65.87/88 per dollar.
In worldwide trade, the US dollar continued its highly bullish trend against all major emerging market currencies
It moved in a range of 66.9250 and 66.70 per dollar during the day
Increased demand for the dollar from importers affected the value of the rupee
The rupee on Thursday plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar.
Spurting by a whopping 21 paise, the rupee scaled a fresh over 50-1/2-month closing peak at Rs 43.53/54 per dollar on Wednesday.
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.
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.
Dollar gained against major currencies overseas.
The dollar was weak against major world currencies.
The Indian currency has shrunk 2.92 per cent since Donald Trump's victory in the US presidential polls earlier this month.
Recovering from early losses, the rupee on Friday ended marginally higher at 64.81 against the US dollar.
The US dollar jumped in overseas market on Wednesday.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
The rupee fell because of fresh demand for dollar from importers.
Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
The dollar index, which tracks the world's reserve currency against a basket of its peers, is down 0.16 per cent at 97.58.
The home currency failed to keep momentum going and largely traded in a narrow range with positive bias in the absence of any market moving factors
This is its lowest level since August 30
Rupee ends day at 61.91 against the US 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 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.
A weak dollar in overseas market boosted the rupee sentiment
The dollar index was trading lower by 0.03 per cent against its major global rivals today.
Weakness of dollar in the overseas market also boosted the rupee value, a forex dealer said.
Weakness in euro against the dollar weighed on the rupee.
The rupee extended gains for the fourth straight day against the US currency on Thursday.
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.
Firm equity market failed to restrict the rupee's fall against the dollar
However, foreign capital inflows into equity market restricted the rupee's fall to some extent.
In forward market today, premium for dollar declined on sustained receivings from exporters.
The Indian currency had appreciated by a whopping 85 paise in three-day surge
Rupee edges higher against dollar at close.
The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
The RBI fixed the reference rate for the dollar at 63.8061 and for the euro at 69.6571.
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
Recovery in the equity market also boosted the rupee value against the dollar, a forex dealer said