In a choppy trade, the rupee ended barely steady against the American currency at 64.97 a dollar at the Interbank Foreign Exchange market.
The rupee opened marginally lower at 64.97 a dollar as against the previous closing level of 64.96 at the forex market and moved down further to 64.99 on initial dollar demand from banks and importers.
However, it recovered from initial losses to 64.93 on selling of dollars by exporters before ending at the same opening level of 64.97, showing a mere loss of one paise or 0.02 per cent.
The domestic unit hovered in a range of 64.93 and 64.99 a dollar during the day.