The rupee ended almost flat against the dollar.
India's current account deficit narrowed sharply to just $300 million
The rupee ended the day stronger against the dollar.
A weak dollar overseas also aided the rupee rise while fresh sell-off by foreign funds in domestic stocks capped the currency's gains, forex dealers said.
A weak US dollar in overseas markets was the main reason for the rupee's rise even as losses in domestic stocks and some fag-end dollar demand from importers prevented further gains
The rupee fell to more than one-month low of 65.75 against the US dollar on Thursday.
This is its lowest level since August 30
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
The rupee had firmed up by 28 paise to close at 3-week high of 66.97 in Monday's trade.
Monday's morning trade sees increased selling of USD by exporters.
The rupee had eased by 2 paise to close at fresh 2-month low of 62.78.
After a brief overnight pause, the rupee climbed to a new 38-month peak against dollar early on Tuesday. In hectic trade at the Interbank Foreign Exchange market this morning, the rupee breached the crucial 45.40-dollar barrier and touched 45.36/37.
The rupee breached key resistance levels and spurted to a 38-month peak against the US currency on Wednesday, buoyed by robust foreign fund inflows and export proceeds
Fresh foreign capital outflows also affected the rupee sentiment, a forex dealer said.
As news of explosions came in, the rupee initially plunged by over ten paise to Rs 45.97/99 from opening levels of Rs 45.8450/8600
The rupee snapped its two-day winning run against the dollar.
The rupee recovered 14 paise to 66.40 against the dollar in early trade on Monday.
Snapping its two-day gains, the rupee on Monday declined by 48 paise to settle at nearly four-week low of 62.17 against the US currency.
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 hit a new 44-month closing high against the US currency at Rs 44.7450/7550 per dollar on Wednesday due to sustained heavy foreign investment inflows.
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.
The dollar index was down 0.01 per cent at 95.86 against a basket of six currencies in early trade
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
The domestic unit had recovered to 68.65 in early trade on Friday as against Thursday's closing of 68.72.
The rupee resumed lower at 63.65 per dollar as against previous closing of 63.58 at the Interbank Foreign Exchange (Forex) market.
The trading range for the Spot USD/INR pair is expected to be within 66.20 to 67.00.
Domestic equity markets opened with losses which capped the rupee gains.
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
The domestic currency has gained 9 paise or 0.13 per cent in two days.
There's sustained demand for the American currency from importers and banks
The rupee had plummeted to over three-month low of 63.32.
It has gained by 23 paise or 0.36 per cent in two days
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
Rupee ends day stronger against the dollar.
The dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.19 per cent at 95.48.
Fresh selling of dollars by banks and exporters on the back of good foreign capital inflows helped the rupee
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
The rupee continued its downslide for the second session in a row, depreciating by 20 paise to close at more than one-week low of 62.51 against the greenback.
Extending losses for the fourth straight session, Indian rupee on Monday declined by ten paise to log over 13-month closing low of 63.67.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances