The dollar index was down 0.01 per cent at 95.86 against a basket of six currencies in early trade
The rupee breached key resistance levels and spurted to a 38-month peak against the US currency on Wednesday, buoyed by robust foreign fund inflows and export proceeds
Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency.
The domestic unit had recovered to 68.65 in early trade on Friday as against Thursday's closing of 68.72.
As news of explosions came in, the rupee initially plunged by over ten paise to Rs 45.97/99 from opening levels of Rs 45.8450/8600
The dollar index was up by 0.43 per cent against a basket of six major currencies as euro dropped against the dollar, after quarterly economic reports from France and Germany missed expectations, said analysts.
The rupee resumed lower at 63.65 per dollar as against previous closing of 63.58 at the Interbank Foreign Exchange (Forex) market.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
The domestic currency has gained 9 paise or 0.13 per cent in two days.
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
There's sustained demand for the American currency from importers and banks
Domestic equity markets opened with losses which capped the rupee gains.
The rupee hit a new 44-month closing high against the US currency at Rs 44.7450/7550 per dollar on Wednesday due to sustained heavy foreign investment inflows.
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
It has gained by 23 paise or 0.36 per cent in two days
Fresh selling of dollars by banks and exporters on the back of good foreign capital inflows helped the rupee
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
The rupee had plummeted to over three-month low of 63.32.
The dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.19 per cent at 95.48.
Rupee ends day stronger against the dollar.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
Increased demand for the American unit from importers and banks, affecting the value of the rupee
The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at more than one-week low of 62.51 against the greenback.
Extending losses for the fourth straight session, Indian rupee on Monday declined by ten paise to log over 13-month closing low of 63.67.
The rupee ended marginally higher by two paise at 62.24 against the dollar on Wednesday.
The rupee recovered by three paise to close at 67.65 on fresh selling of dollars by banks and exporters amidst a recovery in equities.
The domestic currency had lost 10 paise to close at 59.03 against the dollar in Thursday's trade amid capital outflows linked to fall in equities.
In the forward market, the premium for dollar moved up on fresh paying pressure corporates.
The rupee on Monday plunged to a two-week low of 66.61 by falling 47 paise against the US dollar on heavy demand for the American currency from importers.
Lacklustre domestic equities alongside ongoing FCNR redemptions added pressure on the local currency
Rupee rises by 16 paise against dollar on fresh selling.
The rupee closed marginally stronger against the dollar on Wednesday.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
Rupee rebounds from one-week low, up 9 paise against dollar.
The rupee had last ended at better levels at Rs 45.7800/7850 per dollar on September 15, 2000.
Meanwhile, the rupee opened at Rs 46.11/12 per dollar and was quoted at Rs 46.1125/1225 in late morning deals, it changed little from overnight close of Rs 46.1150/1250.\n\n\n\n
Rupee retreats from 3-week high against dollar ahead of Budget.
The local currency had shed 2 paise to close at 63.44 on Tuesday.
The US dollar's weakness against some currencies overseas capped the losses.
The rupee on Monday tumbled against the US currency on a fresh wave of all-round dollar short-covering by banks, corporates and importers in the fairly active trade at the Interbank foreign exchange market.
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