The rupee was trading weak at 64.36 on increased month-end demand for the American currency from importers.

Moreover, the US dollar’s gains against other currencies overseas and a weak domestic equity market put pressure on the rupee, forex dealers said.

The domestic unit opened a tad strong at 64.14 at the Interbank Foreign Exchange market today. However, it weakened to 64.37 before quoting at 64.36, down 20 paise at 4.25 pm local time.

The rupee hovered in a range of 64.37 and 64.06 in the evening trade.

The rupee had eased from a 21-month high to close 5 paise lower at 64.16 against the dollar in yesterday’s trade on fresh demand for the American currency from importers.

Meanwhile, the benchmark BSE index ended 111.34 points or 0.37 per cent lower at 29,918.40.

The dollar edged up in Asian trading on Friday but was on track for a losing month against a basket of currencies, while the euro shed some of its monthly gains after the European Central Bank maintained its easing bias.

The dollar index, which tracks the greenback against a basket of six major rivals, edged up 0.1 per cent to 99.205 , but down 0.8 per cent for the week and 1.1 per cent for April.