The rupee shed 6 paise to hit a fresh 1-month low of 62.31 on Thursday.
The rupee has lost 23 paise or 0.35 per cent in two days.
The rupee on Tuesday lost another 15 paise against the US dollar to close at 65.88
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.
Fresh dollar selling by exporters after USD was trading weak by 0.24 per cent against its major global rivals also aided the rupee recovery.
The rupee on Monday continued its upward march against the US dollar for the third day, firming up by another 10 paise to 66.00 on fag-end selling of the American currency by banks and exporters.
The rupee closes 12 paise down against the dollar.
The rupee on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
The rupee recovered from initial losses against the American currency and was quoted higher by 6 paise to 62.00 on fresh selling of dollars by banks and exporters in view of strong foreign capital inflows into equity market.
The domestic currency had last ended at 64.17 per dollar.
The local currency had surged 18 paise to 63.64 in Thursday's trade.
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On Monday, the rupee gained 16 paise.
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
Rupee fell to its 9-month low of 62.03 against the dollar.
Rupee hits more than two-year low; RBI intervenes
The rupee bounced back by four paise to close at 65.27 per dollar on fresh selling of the American currency by banks.
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
A weak dollar in overseas markets also strengthened the rupee sentiment
Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results.
'India's sizeable foreign exchange reserves should serve as a buffer.'
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.
The rupee had plummeted to over three-month low of 63.32.
Rupee rises by 16 paise against dollar on fresh selling.
Dollar gained against major currencies overseas.
Dollar sales by exporters and firm local equities also supported the local currency.
The rupee had gained five paise to close at 63.25 against the dollar in on Monday's trade on fresh selling of the US currency by exporters amid bullish stocks.
The rupee ended higher for the second consecutive week.
The rupee had gained 28 paise against the American currency to settle at nearly two-month high at 66.74 in Monday's trade.
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.
Weakness of the dollar against other currencies overseas gave the rupee more muscle.
The dollar's preliminary moves after the low 80.90 are supportive of a like dollar rally back to 85.50. We should see confirmation of that in the early part of next week, says Sonali Ranade
Traders expect the rupee to remain wedged between the 59.60 and 60.50 levels in the absence of any key triggers in the near-term.
Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue.
The rupee recovered marginally at close against the dollar.
In recent sessions, shares have rallied on hopes Hindu nationalist opposition leader Narendra Modi, a more business-friendly candidate, is seen coming to power on promises of economic revival and jobs.
The rupee on Friday fell by 9 paise to 67.64 per dollar on fresh demand for the American currency.
At lower levels, a supportive buying in dollar forced rupee to depreciate since opening trade
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