The rupee had ended almost flat at 61.41 against the Greenback in the previous session on Wednesday on alternate bouts of buying and selling.
The rupee recovered by 15 paise at 65.49 against the US dollar.
The rupee had gained 28 paise against the American currency to settle at nearly two-month high at 66.74 in Monday's trade.
Weak dollar against other currencies overseas supported the rupee
A weak dollar in overseas market boosted the rupee sentiment
The rupee resumed higher at 61.13 per dollar as against yesterday's closing level of 61.40 at the Interbank Foreign Exchange and strengthened further to 60.90 per dollar before ending at 61.05 per dollar, a gain of 35 paise or 0.57 per cent.
The rupee extended gains for the fourth straight day against the US currency on Thursday.
The global brokerage firm further said that BoP would be INR-supportive.
Firm equity market failed to restrict the rupee's fall against the dollar
The dollar index was up by 0.43 per cent against a basket of six major currencies as euro dropped against the dollar, after quarterly economic reports from France and Germany missed expectations, said analysts.
In forward market today, premium for dollar declined on sustained receivings from exporters.
The rupee ended marginally lower by three paise at 66.36 against the US dollar.
The rupee slipped marginally by two paise at 66.43 against the US dollar on good demand
The rupee strengthened by 14 paise to close at 66.41 against the US dollar on Wednesday.
In cross-currency trades, the rupee recovered sharply against the pound sterling to finish at 93.13.
The RBI fixed the reference rate for the dollar at 63.8061 and for the euro at 69.6571.
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
The rupee had lost 27 paise to close at more than 5-week low.
Bouts of month-end dollar demand from banks and importers hit the rupee
The rupee had dropped by 18 paise to end at 66.40
In overseas trade, the American currency traded lower against the yen and the euro in an Asian session as well as modest profit-taking after recent sharp gains
Overall forex market sentiment remained cautious
The rupee recovered marginally at close against the dollar.
The rupee ended almost flat against the dollar.
The rupee ended the day stronger against the dollar.
Rupee logs longest winning streak since 2012; up 19 paise.
The rupee gained 28 paise on Thursday to close at 62.50.
The US dollar surged to fresh one-year high after the Fed chief's testimony to the US Senate on Wednesday bolstered the expectations of interest rate hikes, though gradually.
Fresh dollar demand from banks and importers amidst volatile equities triggered the fall
Volatile currency market sentiment across Asia following a fresh round of China's yuan depreciation further added to gloom.
The rupee on Tuesday recovered from its two-week low to end steady at 66.60 against the American currency, inching up by a paisa on the back of mild dollar selling.
Forex dealers said strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market also supported the local currency.
Fresh dollar selling by banks and exporters largely helped the home currency to recover from early losses
A smart rebound in the stock market and sustained capital inflows restricted the rupee loss
Earlier, the rupee resumed slightly lower at 61.70 per dollar as against Tuesday's close of 61.69 at the Interbank Foreign Exchange market.
Reflecting nervousness over the prospect of the Federal Reserve tightening policy and event risk, traders stayed on the sidelines
Unwinding of long dollar positions by banks too aided the sentiment
The US currency weakened against major Asian currencies in global markets which lifted the rupee sentiment
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