The Indian rupee continued its downward march for the second day on Friday and was quoting lower by 32 paise at 63.82 against the US dollar in late morning deals on demand for the Greenback from importers and its firm value overseas.
At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 63.75 a dollar from overnight close of 63.50 and moved in a range of 63.70 and 64.18 before recovering some ground to trade at 63.82 per dollar at 10.30 am - a fall of 32 paise or 0.50 per cent.
The dollar index was trading up by 0.12 per cent against its six major global rivals ahead of retail sales data before the all-important Federal Reserve meeting next week.
