The rupee on Tuesday gained 29 paise to close at seven-month high of 60.48 against the dollar on sustained selling of the US currency by exporters and banks.
Investors are trying to push ahead with dollar purchases, emboldened by improving market sentiments
Tracking local stocks, rupee on Tuesday regained 19 paise to end at 61.85 against dollar as reports of easing geopolitical tension between Russia and Ukraine helped emerging market currencies script a smart recovery.
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
A firming trend in domestic stock markets, however, capped the rupee fall to some extent
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
Dealers attributed the rupee's fall to fresh demand for USD.
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.
Rupee was impacted by renewed dollar demand from banks and importers amid sharp falls in equity market
The rupee gained for the second day, climbing 23 paise to a one-week high of 62.07 against the dollar on Wednesday, amid a modest recovery in local stocks and sales of the US currency by exporters and banks.
The Indian rupee on Tuesday ended marginally higher against the American currency at 61.41 amid volatile trading on the back of a higher dollar overseas.
Weakness in the dollar against some currencies supported the rupee.
The rupee declined marginally by 3 paise to 66.03 per dollar on fresh demand for the US currency from banks and importers.
Dealers attributed the rupee's fall to increased demand for the US currency from importers.
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.
Rupee ends day stronger against the dollar.
Dollar weakness was a major contributor to the rupee recovery as the skittish investors continued to lighten their long positions.
Capital inflows continued to aid the rupee's rise, although a strong dollar overseas capped the gains.
The rupee extended gains for the second straight session against the US currency by firming up 21 paise to close at 64.82 a dollar.
The US currency's decline against major world currencies alongside fag-end dollar supply largely helped the rupee recoup some of its initial losses
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The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The rupee added another 8 paise to end at 61.23 against the dollar, the highest level in more than two weeks, as the US currency traded stable ahead of the outcome of Federal Reserve's meeting today and as domestic shares surged to a record.
The domestic currency had gained by 80 paise, or 1.19 per cent, in previous five trading days.
Healthy demand for the American unit from importers and corporate weighed on the rupee
A weakening dollar against other currencies overseas supported the rupee.
The rupee recovered 14 paise to 66.40 against the dollar in early trade on Monday.
A massive outflows of foreign funds on the back of stricter participatory notes and renewed possibility of Fed lifting US interest rates largely impacted the domestic unit.
In the global market, the US dollar index, which tracks the greenback against a basket of six major rivals, was up by 0.33 per cent.
The domestic currency has already dropped 44 paise, or 0.67 per cent, in the previous two sessions.
The local currency recovered some ground after the Reserve Bank of India (RBI) was said to have stepped in through state-run banks, helping the rupee to end at 64.30, a fall of 110 paise or 1.74 per cent.
In worldwide trade, the US dollar continued its highly bullish trend against all major emerging market currencies
The rupee has depreciated by about 25 per cent in the past three months, from close to Rs 83 in mid-May, while it was even higher at about Rs 80 against the British Pound in March.
The domestic currency had last touched 65-level and ended at 65.24 on September 6, 2013. It moved in a range of 64.63 and 65.23 during the day.
The Indian rupee resumed sharply lower at 66.65 per dollar against last Friday's level of 66.48.
RBI fixed the reference rate for the dollar at 66.2930 and euro at 74.8978.
Increased demand for the dollar from importers affected the value of the rupee
The dollar maintained its bullish momentum in Asian and early European trade
The domestic currency tumbled by 45 paise or 0.68 per cent in two days.
However, FII outflows of Rs 545 crore (Rs 5.45 billion) capped the gains in the rupee, which had slumped by 126 paise in past two days.
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