Continuing the downward trend, the rupee slipped another 14 paise to a fresh 29-month low of 68.19 against the dollar on Thursday.
The dip was supported by month-end demand from importers and banks amid a strengthening American currency overseas.
Forex dealers said increased demand for the dollar and a lower opening in the domestic equity market kept pressure on the rupee, reports PTI.
The rupee had shed 22 paise to close at a new 29-month low of 68.05 on Wednesday on sustained demand for the greenback from banks and importers amid a lower value overseas, it added.
Meanwhile, the benchmark BSE Sensex and Nifty were seen trading flat.