In cross-currency trades, the rupee recovered sharply against the pound sterling to finish at 93.13.
Bucking a strong trend in share market, the Indian rupee on Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.
Increased demand for the American unit from importers weighed on the rupee
The rupee had strengthened by 19 paise on Monday.
On Wednesday, the rupee had dropped by 26 paise.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
The dollar maintained its bullish momentum in Asian and early European trade
This is rupee's lowest since 62.32 on January 9.
Bearish greenback overseas and robust capital inflows predominantly supported the domestic currency
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
Rupee hits more than two-year low; RBI intervenes
The rupee hovered in a narrow range of 62.20 and 62.28
The Rupee on Thursday breached the 49-mark against the US dollar and fell by 52 paise in early trade following increased capital outflow by foreign funds due to melting stock markets.
The rupee has dropped by 83 paise or 1.24 per cent in three days
A weak dollar overseas supported the rupee sentiment.
After rising for two days, gold prices went down by Rs 100 to Rs 26,850 per 10 grams at the bullion market on Tuesday, tracking a weak global trend amid slackened demand from jewellers.
Silver coins continued to be sought after at the last level of Rs 77,000 for buying and Rs 78,000 for selling of 100 pieces.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
In worldwide trade, the American dollar traded with solid strength against all major emerging currencies
RBI fixed the reference rate for the dollar at 66.2930 and euro at 74.8978.
Foreign brokerage HSBC has said it expects the rupee to trade at 60-levels by December against the dollar even though risks on the domestic unit from both external and domestic fronts have increased.
Forex dealers said besides continued demand for the American currency from importers, increased capital outflows by foreign funds kept pressure on the rupee.
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
The rupee came under pressure on demand from importers as the dollar strengthened overseas.
gold prices fell by Rs 210 to Rs 26,600 per 10 grams.
Rupee fell to its 9-month low of 62.03 against the dollar.
The interbank foreign exchange (forex), call money markets, cotton, metals, sugar and future trading in castor seeds will remained officially closed on Friday on the occasion of Ramnavami.\n\n\n\n
This is the biggest one-day fall in the rupee since August 3, 2016
The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days.
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.
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Fag-end dollar selling by exporters helped the rupee to recover lost ground and settle at the day's high of 60.77, a gain of 11 paise. The rupee earlier touched an intra-day low of 61.21 on July 8.
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency
The benchmark Indian crude oil basket is now estimated to average $77.88 a barrel for FY19, compared to the government's earlier estimate of $65 a barrel for the year and $56.39 for FY18
Silver regained the Rs 35,000 per kg mark by gaining Rs 660.
In worldwide trade, the US dollar retreated from its recent multi-year highs to trade subdued against major rival currencies
The rupee resumed higher at 61.57 per dollar against the previous close of 61.59 and dropped immediately to 61.70 on initial dollar demand from banks and importers.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
In a move that may take some sheen off derivative deals, the Reserve Bank of India on Friday proposed to increase the provisioning requirements for banks for off-balance sheet items such as forex and interest-rate derivatives and gold trading. Higher provisioning will make bankers cautious while hawking derivatives, which have been the source of growing controversy between some banks and companies, since they will now be required to set aside more capital and raise costs.
The rupee had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.
