The rupee had jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good inflows in local markets and sustained dollar sales by exporters.
The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.
The greenback's strength against other Asian currencies and lacklustre local equity markets made the rupee depreciate.
The domestic currency had gained seven paise on Friday.
Rupee logs longest winning streak since 2012; up 19 paise.
The rupee had dropped by 18 paise to end at 66.40
On Friday, the rupee had lost 6 paise.
The rupee extended gains for the fourth straight day against the US currency on Thursday.
Sustained inflows of foreign funds supported the rupee
Hopes of more foreign funds on the back of sharp recovery in domestic equity market also boosted the value rupee against the dollar
The Rupee is seen weakening further against the dollar.
Rupee fell to 45.03 in the Interbank Foreign Exchange Market against the dollar in morning trade today on worries of capital outflows which may increase because of equity sales by foreign investors.
The rupee weakened even as the dollar fell against major global currencies
The rupee snapped 2-day rise to end weaker against the dollar on Thursday.
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 slumped to 64-level against the American currency, its second straight fall this week.
Weak dollar against other currencies overseas supported the rupee
Rupee closed at 61.86 against the dollar on Tuesday.
A smart rebound in the stock market and sustained capital inflows restricted the rupee loss
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.
The rupee is trading weak against the dollar in afternoon trade.
The RBI fixed the reference rate for the dollar at 63.8061 and for the euro at 69.6571.
After a a steep fall last week, the rupee has closed slightly stronger against the dollar.
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The US currency weakened against major Asian currencies in global markets which lifted the rupee sentiment
The rupee had shed four paise at 63.81 against the US dollar in Friday's trade on sustained demand.
In worldwide trade, the US dollar continued its highly bullish trend against all major emerging market currencies
Rupee hits 2-month low, down 21 paise against dollar.
Indian rupee washed out initial losses against the greenback.
Concerns related to capital outflows in the aftermath of the first US interest rate hike in nearly a decade predominantly weighed on the rupee trade.
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 closed with a gain of 12 paise on Friday.
In cross-currency trades, the rupee recovered sharply against the pound sterling to finish at 93.13.
The Indian rupee today dipped to a two-year low of 46 against the US dollar following heavy demand from importers for the greenback.
The rupee hovered in a narrow range of 62.20 and 62.28
The rupee bounced back by four paise to close at 65.27 per dollar on fresh selling of the American currency by banks.
The idea is to keep the RBI's information technology (IT) infrastructure in top shape to run the payments and settlement system uninterrupted 24x7, and run the full gamut of RBI functions from the secured data centres, as nearly 14,000 RBI staffers, except the senior-most management, work from home.
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