The domestic unit on Friday lost 20 paise to close at 70.92, amid strengthening of the American currency and rising crude oil prices.
The domestic unit on Wednesday fell 17 paise to close at 71.24 amid a flare up of tensions between India and Pakistan.
On Tuesday, the domestic unit snapped its gains of previous two sessions and closed 10 paise lower at 71.07 amid fears of escalation in geopolitical tensions.
According to news reports, Pakistan army spokesperson Major General Asif Ghafoor on Tuesday claimed that the Indian Air Force (IAF) had violated the Line of Control (LoC).
Upcoming Lok Sabha polls, rising oil prices, RBI's efforts on stable exchange rate may drag down upward swing
The domestic unit on Friday gained 10 paise to close at 71.14 on heavy foreign capital inflows.
The domestic unit ended 11 paise lower at 71.24 on Thursday as rising oil prices and a strengthening greenback weighed on the market sentiment.
The currency opened at 71.07, up 4 paise against the previous close of 71.11.
The domestic unit weakened by 11 paise to end at 71.34 against the greenback on Monday, amid firming crude oil prices and persistent foreign fund outflows.
The domestic unit on Friday slipped by 7 paise to close at 71.23, pressured by heavy foreign capital outflows and firming oil prices.
In the previous session, the domestic unit settled 10 paise lower at 70.80 against the greenback amid rising crude prices and heavy foreign fund outflows.
The domestic unit on Tuesday strengthened by 48 paise to close at one-month high of 70.70 against the dollar.
The domestic unit appreciated by 14 paise Friday to close at 71.31 against on persistent foreign fund inflows even as the greenback strengthened overseas amid fresh concerns over global growth.
Today, USD/INR pair is expected to quote in the range of 71.40 and 72.20.
The central bank is expected to change its stance to neutral from calibrated tightening, owing to benign inflation.
In the previous session, the domestic unit closed 23 paise lower at 71.57 amid fresh foreign fund inflows and gains in domestic equities.
The domestic unit on Monday dropped by 55 paise to close at 71.80 to the US dollar, the lowest level since December 17.
Today, USD/INR pair is expected to quote in the range of 71.40 and 72.20, said Gaurang Somaiya, Research Analyst(Currency) at Motilal Oswal Financial Services.
At the Interbank Foreign Exchange (forex) market, the rupee opened higher at 71.22 but came under selling pressure
The domestic unit weakened for the second straight session Thursday, slipping by 2 paise to 70.20 against on robust foreign fund outflows amid rising trade deficit worries.