India, April 24 -- The rupee extended its losing streak for the fourth consecutive session, settling 33 paise lower at 94.11 (provisional) on Thursday and breached the 94-level for the second time in a month amid soaring crude oil prices as West Asia peace talks moved to an uncertain trajectory.

Massive selling of domestic equities and incessant withdrawal of foreign funds amid rising worldwide demand for the American currency further weighed on the domestic unit, which has lost over 1 per cent in a week, forex traders said.

At the interbank foreign exchange market, the rupee opened at 94.03 and hit an intra-day low of 94.17 against the greenback. It also touched the day's high of 93.98 before ending at 94.11 (provisional) against the U...