The rupee resumed lower at 63.65 per dollar as against previous closing of 63.58 at the Interbank Foreign Exchange (Forex) market.
The Rupee is seen strengthening against the dollar.
The dollar strengthened against major world currencies.
The rupee gained for the second day, adding 32 paise to close at a fresh two-month high of 61.07 against the dollar amid a rise in local equities and sustained capital inflows.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
The domestic currency has dropped 40 paise or 0.60 per cent in two days
The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
The domestic currency has gained by four paise or 0.06 per cent in two days.
Increased month-end demand for the US currency from importers put pressure on the rupee
The rupee depreciated further by 7 paise to 65.12.
There was fresh selling of the American currency by banks and exporters
The rupee on Monday slipped by 5 paise to close at 63.57 per dollar on fresh demand for the American currency from banks.
Forex market was shut on Tuesday on account of 'Mahavir Jayanti'.
The domestic unit had recovered to 68.65 in early trade on Friday as against Thursday's closing of 68.72.
There's sustained demand for the American currency from importers and banks
Month end dollar demand from oil importers has forced rupee to trade weak.
The rupee had last ended at 67.22 per dollar on March 16, 2016.
In recent sessions, shares have rallied on hopes Hindu nationalist opposition leader Narendra Modi, a more business-friendly candidate, is seen coming to power on promises of economic revival and jobs.
After a day's respite, the rupee on Wednesday fell by 29 paise, its biggest single day fall in a week, to end at 56.73 today due to heavy dollar demand from importers amid renewed concerns over withdrawal of US monetary stimulus.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
