At the interbank foreign exchange, the rupee opened at 79.84 against the dollar, then fell to 79.87, registering a decline of 4 paise over the last close.
At the interbank foreign exchange market, the local currency opened at 79.85 and saw an intra-day high of 79.81 and a low of 79.90 against the American currency. It finally ended at 79.88, down 4 paise over its previous close.
At the interbank foreign exchange, the rupee opened at 79.85 against the dollar, then fell to 79.88, registering a decline of 4 paise over the last close. On Monday, the rupee closed at 79.84 against the dollar.
The rupee depreciated 23 paise to 79.68 against the US dollar in opening trade on Thursday.
The 30-share Sensex was trading 594.25 points or 1.05 per cent higher at 57,452.04, while the broader NSE Nifty rose 182.85 points or 1.08 per cent to 17,112.45.
Rupee, on Wednesday, for the first time settled below the 80-level against the US currency due to strong dollar demand from importers and fiscal slippage concerns.
At the interbank foreign exchange market, the local currency opened at 77.99 and finally settled at its all-time low of 78.17, down 13 paise over its previous close of 78.04.
At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.
Crude oil prices also surged by over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44.
Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks.
The Indian Rupee started on a weaker note this Monday against the greenback tracking the strength of the dollar.
The rupee strengthened by 5 paise to 73.59 against the US dollar in opening trade on Monday, supported by foreign portfolio inflows and strong opening in domestic equities.
The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Friday, even as the domestic equity market traded with gains.
The rupee depreciated 9 paise to close at 75.72 against the US dollar on Wednesday, following a strong American currency overseas and fears of a renewed trade war between the US and China.
The Indian rupee rose by 7 paise to close at 76.18 (provisional) against the US dollar on Tuesday, tracking positive domestic equities and a weak American currency in the overseas market. This is the second consecutive day of gain for the rupee.
The rupee on Wednesday recovered from record low levels to settle higher by 15 paise at 76.68 (provisional) against the US dollar following gains in domestic stocks and some weakness in the greenback against global currencies.
Paring its early gains, the rupee declined by 17 paise to close at its all-time low of 76.44 against the US dollar on Wednesday, tracking weak domestic equities and strengthening of the American currency overseas.
A sense of anxiety among investors has developed as they see the global economy is plunging into a deep crisis due to coronavirus pandemic that has killed about 5,000 and sickened lakhs of people around the globe.
The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown.
The Indian rupee resumed its downward journey after a day's hiatus on Friday, plummeting by 46 paise to 73.79 (provisional) against the US dollar as coronavirus-panicked investors kept assessing deteriorating financial markets.
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