Increased demand for the American unit from importers and banks, affecting the value of the rupee
Fresh dollar selling by banks and exporters largely helped the home currency to recover from early losses
The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks.
The rupee depreciated by 22 paise to close at a fresh lifetime low of 79.48 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and subdued domestic equities. However, receding crude oil prices in the international market restricted the rupee's loss, forex traders said. At the interbank forex market, the local unit opened weak at 79.30 against the greenback and witnessed an intra-day high of 79.24 and a low of 79.49.
Sustained capital inflows supporting the rupee sentiment, a forex dealer said.
A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the rupee
A firming trend in domestic stock markets, however, capped the rupee fall to some extent
The US currency's decline against major world currencies alongside fag-end dollar supply largely helped the rupee recoup some of its initial losses
The rupee has dropped by 83 paise or 1.24 per cent in three days
Weakness of dollar in the overseas market also boosted the rupee value.
The rupee briefly touched 66.78 in late afternoon trade due to stray dollar buying by some banks.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
A sustained rise in equity market also boosted the rupee sentiment.
A massive rally in domestic equities along with smooth supply of dollars on the back sustained capital inflows into equities and debt predominantly helped the upmove
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
The dollar's weakness against some currencies overseas limited the rupee's fall.
The rupee had recovered from its 29-month lows by rising 39 paise to close at 67.63 on Friday.
The domestic currency had last touched 65-level and ended at 65.24 on September 6, 2013. It moved in a range of 64.63 and 65.23 during the day.
Continuing its range-bound movement for the fourth session, the rupee today closed up by two paise at 59.25 ahead of industrial output and retail inflation data.
The steep fall in rupee came on a day when the Reserve Bank of India in its first quarter review of monetary policy kept the all key rates unchanged but cut the gross domestic growth forecast to 5.5 per cent for FY'14 from 5.7 per cent earlier.
The Rupee is seen strengthening against the dollar.
Falling for the first time in three days, the rupee today erased initial gains to end 15 paise lower at 62.43 against dollar on fag-end demand of the US currency from banks and importers, amid a tepid stock market.
On Monday, the biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, Tata Motors, HCL Tech, IndusInd Bank and Kotak Bank, HCL Tech, Infosys and Bajaj Auto.
Falling for the fourth day in succession, the rupee today dipped by 23 paise to close at nearly three-week low of 59.38 against the dollar amidst the RBI announcing an SLR cut that is expected to release nearly Rs 40,000 crore into markets.
Rupee has gained by 15 paise or 0.24 per cent in two days.
Tracking a recovery in local shares, the Indian rupee on Friday snapped a two-day declining trend and bounced back by 39 paise to end at 61.44 against the Greenback on fresh dollar selling by exporters and some banks.
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
Month end dollar demand from oil importers has forced rupee to trade weak.
The dollar index was down 0.01 per cent at 95.86 against a basket of six currencies in early trade
Bucking a strong trend in share market, the Indian rupee on Monday gave up all its initial gains and slipped 18 paise to close at 61.94 against the Greenback on rising dollar demand from importers.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
The domestic currency has gained 9 paise or 0.13 per cent in two days.
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
The rupee on Monday plunged to a two-week low of 66.61 by falling 47 paise against the US dollar on heavy demand for the American currency from importers.
Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.
The rupee strengthened by 13 paise to 61.67 against the US dollar at close.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
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