The rupee is trading weak against the dollar in afternoon trade.
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 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.
Rupee gains for 4th day against dollar, up 17 paise on Fed stance.
The rupee had shed four paise at 63.81 against the US dollar in Friday's trade on sustained demand.
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In cross-currency trades, the rupee recovered sharply against the pound sterling to finish at 93.13.
Indian rupee washed out initial losses against the greenback.
Rupee hits 2-month low, down 21 paise against dollar.
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 rupee had closed with a gain of 12 paise on Friday.
The rupee hovered in a narrow range of 62.20 and 62.28
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
The rupee bounced back by four paise to close at 65.27 per dollar on fresh selling of the American currency by banks.
A firming trend in domestic stock markets, however, capped the rupee fall to some extent
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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.
Volatile currency market sentiment across Asia following a fresh round of China's yuan depreciation further added to gloom.
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 recovered by 15 paise at 65.49 against the US dollar.
The local currency dropped to 61.75 before concluding at 61.70, a loss of seven paise from its previous close.
The dollar index eased 0.05 per cent to 98.69.
The rupee has declined by 24 paise in four days of losses.
Tracking a steep fall in local share market, the Indian rupee on Tuesday washed out initial gains and ended with a loss of 16 paise
The rupee extended its fall for the fourth consecutive day by losing another 6 paise to hit a fresh one-month low of 62.31.
The rupee opened steady at 63.30 per dollar at the Interbank Foreign Exchange; but, firmed up to 63.22 before quoting at 63.23 per dollar at 1000 hours.
Rupee ended weak against the dollar.
The Indian unit opened higher at 66.10 per dollar as against overnight level of 66.30 at the Interbank Foreign Exchange market and firmed up further to 66.04 on initial dollar selling.
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.
Resuming its slide against the greenback, the Indian rupee plunged to its more than one-year low of 41.76/77 against a US dollar. Heavy demand for US currency in view of high oil prices continued modest on its short supply. The Interbank Foreign Exchange (Durex) market witnessed brisk trade with wide fluctuations in the local currency in a range of 41.55 and 41.79 during the day. The local currency lost 41 paise against the US counterpart.
Investors are trying to push ahead with dollar purchases, emboldened by improving market sentiments
The rupee strengthened by 14 paise to close at 66.41 against the US dollar on Wednesday.
The rupee had shed one paise to end at one-month low of 61.74 against the US dollar in Tuesday's trade.
Continuing its fall for the sixth consecutive day, the Indian rupee on Monday depreciated by 43 paise against the greenback in opening trade
Reflecting nervousness over the prospect of the Federal Reserve tightening policy and event risk, traders stayed on the sidelines
Unwinding of long dollar positions by banks too aided the sentiment
In a meeting with Reserve Bank of India Deputy Governor Rakesh Mohan on Monday, bankers expressed concerns that interest rates had not shown signs of softening despite ample liquidity and overnight rates being at close to 1 per cent levels.
The rupee gained 28 paise on Thursday to close at 62.50.
In forward market, premium for dollar continued to fall due to persistent receivings from exporters.
The rupee had lost 27 paise to close at more than 5-week low.
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