The rupee today snapped its three-day gaining streak to end lower by 20 paise at 51.90/91 against the American currency on emergence of dollar demand from importers.
At the Interbank Foreign Exchange (Forex) market, the domestic unit opened weak at 51.84/85 a dollar. Later, it moved erratically in a range of 51.53 and 51.92, before concluding at 51.90/91, showing a fall of 0.39 per cent.
In last straight three trading days, the rupee had gained 128 paise, or 2.42 per cent.
Foreign institutional investors (FIIs) pumped in USD 1.88 billion in the debt markets and USD 274.70 million in equities in the current month till January 10, as per Sebi data, which limited the rupee fall.
The RBI has fixed the reference rate for the US dollar at 51.7495 and for the euro at 65.9910.
The rupee remained firm against the pound sterling to conclude at 79.85/87 from overnight close of Rs 79.91/93 and also moved up further against the euro to Rs 65.94/96 from Rs 66.08/10 yesterday.
It, however, fell back against the Japanese yen to Rs 67.39/41 per 100 yen from last close of 67.26/28.
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