Dealers attributed the rupee's fall to increased demand for the US currency from importers.
The trading range is expected to be within 63.00 to 63.80.
The rupee had ended 11 paise higher at 62.20 on Tuesday.
The Indian rupee on Wednesday ended unchanged against the US dollar at 61.41 ahead of the outcome of US Federal Reserve's policy meeting.
The rupee on Friday bounced back 32 paise to close at 64.74 against the American currency on fresh selling of dollar.
The rupee had eased by 2 paise to close at fresh 2-month low of 62.78.
Rupee hits 2-month low against dollar on US rate hike fears.
The rupee shed 6 paise to hit a fresh 1-month low of 62.31 on Thursday.
This is rupee's lowest since 62.32 on January 9.
The rupee settled at 61.71. In straight three sessions, the currency has shot up 51 paise or by 0.82 per cent.
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 has dropped by 49 paise or 0.75 per cent in four days.
Sustained rise in equity markets in view of progress in monsoon mainly boosted the rupee value against the dollar.
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 has lost 23 paise or 0.35 per cent in two days.
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 closes 12 paise down against the dollar.
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 dollar index was up by a whopping 0.45 per cent against basket of six major global rivals, which also pushed the rupee to log its biggest daily loss since September 15.
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 on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
The domestic currency had last ended at 64.17 per dollar.
The rupee had snapped its 3-day losing streak on Thursday.
The local currency had surged 18 paise to 63.64 in Thursday's trade.
The Indian rupee on Friday rose for the fifth straight session against the Greenback and ended at 62.46.
Rupee gains for 4th day against dollar, up 17 paise on Fed stance.
Rupee ends flat against dollar ahead of Fed policy outcome.
Rupee hits 2-month low, down 21 paise against dollar.
The rupee on Thursday surged by 22 paise to close at a fresh three-week high of 61.75 against the US currency.
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
The rupee resumed higher at 61.13 per dollar as against yesterday's closing level of 61.40 at the Interbank Foreign Exchange and strengthened further to 60.90 per dollar before ending at 61.05 per dollar, a gain of 35 paise or 0.57 per cent.
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 Indian rupee on Monday reacted downwards by 12 paise to log nearly one-week closing low of 63.41 against the Greenback.
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.
After three sessions of weakness, the rupee strengthened by 50 paise against the dollar.
Rupee fell to its 9-month low of 62.03 against the dollar.
A strong dollar overseas and some hesitancy in local stocks, however, limited the rupee rise.
The rupee on Friday resumed lower at 60.25 a dollar from previous close of 60.19 at the Interbank Foreign Exchange market.
Ron Somers, founder and CEO of India First Group and the former President of leading business advocacy group US-India Business Council said that when Lok Sabha election results are declared on June 4, "I believe that Narendra Modi will win Parliament by the largest majority ever recorded in the country's history.
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