Snapping its four-day winning streak, the Indian rupee on Friday settled with a marginal 2 paise loss at 74.09 against the US dollar amid concerns over economic recovery in view of mounting Covid-19 cases in the country.
At the interbank forex market, the local unit opened at 74.03 against the greenback and witnessed an intra-day high of 73.95 and a low of 74.12.
It finally ended at 74.09 against the American currency, registering a fall of 2 paise.
For the week, the domestic unit strengthened 1.22 per cent or 92 paise against the dollar. However, for the month, the rupee weakened by 97 paise or 1.32 per cent.