The domestic unit on Tuesday dropped 20 paise to close at 71.07 as heavy selling in domestic equities, unabated foreign fund outflows kept investors edgy.
The domestic unit on Monday depreciated by 14 paise to close at 71.02 as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy.
The domestic unit on Wednesday pared most of its initial losses and settled the day marginally down by 5 paise to 71.07.
The domestic currency on Wednesday recovered from initial losses to settle 11 paise higher at 71.43.
The depreciation of the renminbi in recent weeks has raised fears that China is aiming to counter US tariffs by weaponising its currency
Goldman sees the US Dollar Index, which fell by as much as 0.5% on Thursday, reaching 99.7 by December
The dominance of dollar across the world gives US great leeway in monetary, fiscal policy and foreign policy
A public comment period on the possibility of fresh US tariffs on another $200 bn of Chinese goods ends on Thursday, with expectations that the additional levies will be imposed by Trump
Deliberate move to weaken dollar isn't so far-fetched anymore
During the reporting month, the central bank bought $4.020 billion of the US dollar, while sold $10.204 billion in the spot market
The dollar's recent strength is a sharp departure from its weakening trend in 2017 when it delivered a boost to large US companies
With no major economic data due on Monday, investors were still sifting through the June jobs report
It was the most eventful week of the year so far for financial markets
IMF chief Christine Lagarde touched on risks stemming from Donald Trump's policy promises
Dollar fell 0.2% against a basket of currencies to 101.77
The dollar has gained 10% against the Mexican peso and 8% against the Japanese yen
A growing perception that the economic policies of U S President-elect Donald Trump will lift consumer prices pushed the dollar higher
Analysts say, expectations of Fed raising interest rates this December fully reflects in the dollar's recent rally
Investors increased bets on higher US interest rates
Meanwhile, the closely-watched Britain's referendum will be held on Thursday