The partially convertible rupee closed at 61.9275/9375 per dollar compared with its Wednesday close of 61.8150/8250, marking its lowest close since January 9.
Dollar purchases were seen during the session from oil importers, while a large state-run bank was also a buyer, which dealers attributed to meeting defence-related needs.
Broadly, the dollar gained against Asian emerging market currencies as worries about a slowing Chinese economy deepened and as investors braced for a further cut in stimulus by the US Federal Reserve.
In the offshore non-deliverable forwards, the one-month contract was at 62.41 while the three-month was at 63.23.
Dollar purchases were seen during the session from oil importers, while a large state-run bank was also a buyer, which dealers attributed to meeting defence-related needs.
Broadly, the dollar gained against Asian emerging market currencies as worries about a slowing Chinese economy deepened and as investors braced for a further cut in stimulus by the US Federal Reserve.
In the offshore non-deliverable forwards, the one-month contract was at 62.41 while the three-month was at 63.23.