In the interbank market, the greenback rose by Rs0.05 to Rs222 during early trading on Friday.
Losing by 52 paisas, the value of rupee fell from Rs221.43 of Wednesday’s value to Rs221.95 on Thursday.
The rupee has so far registered a decline of Rs1.35 in the past three days.
Open market
As of Thursday, the rupee saw its value erode by another 50 paisas as the cost of a US dollar jumped to Rs228 in the open market,