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The rupee turned weaker for the second straight day against the resurgent dollar, falling by 4 paise to end at 66.87 on steady demand for the American unit.
Buoyant dollar sentiment overseas against the backdrop of heavy capital outflows amid impending Fed rate hike fears predominantly impacted the rupee sentiment, a Forex dealer said.
The domestic currency opened substantially lower at 66.92 from overnight closing level of 66.83 at the Interbank Foreign Exchange (Forex) market and largely confined to narrow range- bound trade.
It hovered between 66.85 and 66.93 throughout the session, showing little impetus to convincingly break the trading range in the absence of any market moving factors before ending at 66.87, showing a loss of 4 paise, or 0.06 per cent.
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