Sharp fall in equity market amid foreign fund outflows also affected rupee value against the USD, a forex dealer said. In the overseas market, USD soared against most of its rivals on last Friday, hitting a 13-year high against the Japanese yen, after a strong job report indicated the US economy bounced back strongly in May, sparking a surge in treasury yields.

The rupee resumed lower at 64.05 per USD as against the last weekend's level of 63.75 per USD at the Interbank Foreign Exchange (Forex) Market and dropped further to 64.1675 before ending at a four-week low at 64.08 per USD, showing a loss of 33 paise or 0.52 percent.

The domestic currency had last ended at 64.17 per dollar on May 12, 2015. It moved in a range of 64.00 and 64.1675 during the day. The dollar index was trading lower by 0.22 percent against its major global rivals today.

Meanwhile, the benchmark BSE Sensex continued its downward march for the fifth trading session, ending lower by 245.40 points or 0.92 percent.

Pramit Brahmbhatt, Veracity Group CEO stated, "Today rupee traded low and depreciated over 30 paise for the day to close at 64.08. Weak local equities and strong USD dented rupee movement and forced it to shed over half a percent for the day."

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