Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
The rupee has dropped by 21 paise or 0.32 per cent in the last two sessions.
Forex dealers said dollar's weakness against other currencies overseas supported the rupee.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
The local currency had lost 119 paise in the past five sessions on rising worries over current account gap and fears that withdrawal of US stimulus will hit inflows from overseas.
India's current account deficit narrowed sharply to just $300 million
The domestic currency has gained 9 paise or 0.13 per cent in two days.
The dollar's weakness against some currencies overseas limited the rupee's fall.
Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
The rupee slipped from its initial gains by 5 paise against the US currency to 67.89 in late morning deals on bouts of dollar demand from importers.
Consistent capital inflows and a recovery in local equities helped the local unit to trim initial losses
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
The rupee had recovered from its 29-month lows by rising 39 paise to close at 67.63 on Friday.
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
The rupee continued to rule firm against the dollar for the second consecutive day.
US dollar was firm against global currencies in overseas markets on rising prospects for a rate hike by US Federal Bank, which hit the rupee sentiment
The rupee ended lower by 7 paise to 62.31 against the American currency on fresh dollar demand from banks.
The rupee briefly touched 66.78 in late afternoon trade due to stray dollar buying by some banks.
Extending losses for the second straight day, the rupee declined by 11 paise to close at more than 3-week low of 66.93 against the US dollar.
The rupee snapped its two-day winning run against the dollar.
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.
Weakness of dollar in the overseas market also boosted the rupee value.
Rupee down 13 paise to 66.72 against dollar
Rupee has gained by 15 paise or 0.24 per cent in two days.
Fag-end selling of dollars by banks and exporters
Fresh selling of dollars by banks and exporters on the back of good foreign capital inflows helped the rupee
The rupee had firmed up 16 paise to close at 67.52 on Thursday.
Falling for the first time in three days, the rupee today erased initial gains to end 15 paise lower at 62.43 against dollar on fag-end demand of the US currency from banks and importers, amid a tepid stock market.
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
Falling for the second day, the rupee on Friday weakened by 12 paise against dollar to end at 62.68 weighed down by demand for the American currency from importers and data showing fiscal deficit crossed 95 per cent of the annual target during April-December.
Forex dealers said weakness in local equities cast a shadow on the rupee. Dollar losing in overseas markets didn't impact the fall of the local currency, they added.
The American currency regained its buoyant strength after a brief sideways movement following overnight US Fed's optimistic tone about the future of the US economy
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The rupee bounced back from a one-month low to post its first gain in the New Year, rising 10 paise to close at 62.16 against the dollar after the RBI was said to have sold the US currency.
The Indian currency had appreciated by a whopping 85 paise in three-day surge
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.
In forward market, premium for dollar declined in view of mild receivings from exporters.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
The rupee showed range-bound movement on Wednesday as investors preferred to stay cautious in the unsure market.
The rupee continued to slide against the pound sterling and finished at 102.64 as against 102.25 previously.
The demand for the US currency from importers outweighed capital inflows and firm local equities.
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