The rupee appreciated by 37 paise to 62.12 against the dollar in early trade on Monday.
Bouts of month-end dollar demand from banks and importers hit the rupee
The rupee closed almost flat at 65.76 against the US dollar on some demand for the American currency from banks.
The rupee recovered marginally at close against the dollar.
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
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
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Fag-end dollar selling by exporters helped the rupee to recover lost ground and settle at the day's high of 60.77, a gain of 11 paise. The rupee earlier touched an intra-day low of 61.21 on July 8.
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
The rupee had shed 10 paise to close at 66.14.
The rupee gained 28 paise on Thursday to close at 62.50.
Falling for the third day, Indian rupee on Wednesday weakened by 14 paise to close at over one-week low of 62.02 against the Greenback.
The dollar was firm against some global currencies which also weighed on the rupee.
The rupee on Tuesday recovered from its two-week low to end steady at 66.60 against the American currency, inching up by a paisa on the back of mild dollar selling.
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 local currency had gained 10 paise to close at 63.51.
Earlier, the rupee resumed slightly lower at 61.70 per dollar as against Tuesday's close of 61.69 at the Interbank Foreign Exchange market.
A smart rebound in the stock market and sustained capital inflows restricted the rupee loss
The Rupee is likely to recover during day trad, say currency watchers.
The US currency weakened against major Asian currencies in global markets which lifted the rupee sentiment
At lower levels, a supportive buying in dollar forced rupee to depreciate since opening trade
The rupee has gained by 21 paise or 0.31 per cent in last two days
Lower dollar in the overseas market also boosted the rupee value
The Indian unit opened sharply higher at 64.80 as against Wednesday's closing level of 65.12.
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.
Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.
The rupee firmed up by 15 paise to close at 62.36 per dollar on fresh selling by banks
A fresh demand for the US currency from importers weighed on rupee.
Hopes of more foreign funds on the back of sharp recovery in domestic equity market also boosted the value rupee against the dollar
Strong rebound in local equities restricted the rupee's fall.
The rupee depreciated by 19 paise to trade at almost seven-month low of 61.94 against the US currency in early trade today at the Interbank Foreign Exchange on capital outflows amidst the dollar's gain against other currencies overseas.
A lower opening at the domestic equity market and the dollar's rise against other major currencies overseas also put pressure on the rupee, dealers said.
Rupee hits 2-month low against dollar on US rate hike fears.
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
The Rupee is seen strengthening against the dollar.
The rupee is expected to become more jittery and choppy in the near-term
On Monday, the rupee had lost 14 paise to close at 66.62 against the US dollar.
A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the rupee
This is the highest closing level since May 11, 2016 when the rupee had finished at 66.56
This is rupee's lowest since 62.32 on January 9.
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