Rupee logs the sixth straight session of loss by slipping 32 paise and closing at 75.05 against U.S. Dollar. On Monday, the rupee fell for the sixth straight session amidst a dreary trend in the domestic equities before the release of key macroeconomic data. The rupee settled 32 paise down at 75.05 against the U.S. dollar. Besides, the domestic currency was weighed by crude oil prices, foreign fund outflows and spiking COVID-19 cases. The local unit opened at 74.97 against the greenback at the interbank forex market. Throughout the day, it traded in the range of 74.78 to 75.14. The rupee registered a downfall of 32 paise over its previous close and finally ended at 75.05 against the U.S. Dollar. On Friday, it had settled at 74.73 against the U.S. dollar. Kaynat Chainwala, Fundamental Research Analyst Currencies, Anand Rathi Shares and Stock Brokers, said: "Indian rupee spot slipped past the 75-mark to a nine-month low of 75.15 on Monday as rising COVID-19 cases sparked fears of a complete lockdown in Maharashtra and a few other states, dampening hopes of a faster recovery and increasing prospects of RBI's ultra-loose monetary policy for a longer period". The domestic currency has been already thrashed by 2% because of the unexpected announcement by RBI last week regarding quantitative easing style G-sec acquisition program (G-SAP) with the first auction aggregating ₹25,000 crores to be held on April 15, 2021. During this sixth straight session of loss, there has been a depreciation of 193 paise in the Rupee. The rupee is likely to weaken further this week as investors cautiously await India's industrial output, manufacturing output, trade balance and inflation figures along with the first G-SAP auction.