Following are the moves in the seventh round of the World Chess Championship match between Viswanathan Anand and Magnus Carlsen in Chennai on Monday with analysis.
At the Interbank Foreign Exchange market, the domestic currency resumed stable at its overnight close of 60.07 a dollar and immediately touched a low of 60.09.
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.
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.
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.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
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 on Tuesday ended marginally higher against the American currency at 61.41 amid volatile trading on the back of a higher dollar overseas.
The rupee dropped on renewed demand for the American currency.
The local currency opened higher at 61.20 a dollar from the previous close of 61.30 at the Interbank Foreign Exchange Market.
The rupee hit a near 10-month high as an alliance led by pro-reform and business friendly Hindu nationalist Narendra was on course for an absolute majority.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Australian Nick Kyrgios did his best to enliven a damp and dismal Parisian day with some eye-catching play and colourful language as the French Open began without part of the usual furniture on Sunday.
A weak dollar overseas failed to restrict the rupee's decline, a forex dealer said.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Rupee down 13 paise to 66.72 against dollar
Foreign institutional investors pulled out Rs 86.66 crore (Rs 866.6 million) from local stocks on Monday, as per provisional BSE data.
Karolina Pliskova lost her cool over a line call and bashed a hole into the umpire's chair with her racket after suffering a 3-6, 6-3, 7-5 defeat by Maria Sakkari in the Italian Open second round on Wednesday.
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
In a ceremony attended by close relatives and friends the couple exchanged marriage vows through Sikh rituals at a Gurdwara in Jalandhar . The wedding was attended by no member of the film industry.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
If there is one person who makes Divya Nair go red in 0 seconds with his mere presence, it is... guess who...
The rupee had jumped by 164 paise or 2.39 per cent in previous six trading days.
The rupee continued to rule firm against the dollar for the second consecutive day.
A sustained rise in equity market also boosted the rupee sentiment.
The rupee snapped its two-day winning run against the dollar.
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 rupee has fallen 0.8 per cent so far this year, hitting a one-month low on Friday, hurt by a stronger dollar globally as well as caution ahead of key economic data this month.
Even the persistent rise in equity market failed to restrict the rupee's fall.
Sharp fall in domestic stock market also affected the rupee sentiment.
Garbine Muguruza continued her dream debut at the WTA Finals by completing round robin play with a perfect 3-0 record to advance to the semi-finals after a hard fought 6-4, 4-6, 7-5 victory over Petra Kvitova on Friday.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
Increased demand for the American unit from importers and banks, affecting the value of the rupee
The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days.
The rupee has dropped by 60 paise or 0.89 per cent in the last three 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.
The rupee has dropped by 83 paise or 1.24 per cent in three days
PHOTOS from day four of the Wimbledon championships at the All England Lawn Tennis and Croquet Club in London on Thursday.
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.
