On Friday, the rupee had gained 31 paise to end at 64.73 against the US dollar.
The dollar eased after climbing Friday on the back of the comments from the US Fed cementing expectations of more aggressive US rate hikes this year.
The euro's gains, however, are being tamed by uncertainty ahead of elections in Italy, one of the eurozone's biggest economies.
According to the provisional exchange data, foreign investors sold shares worth Rs 486.32 crore on net basis on Friday.
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