The Indian unit opened higher at 66.10 per dollar as against overnight level of 66.30 at the Interbank Foreign Exchange market and firmed up further to 66.04 on initial dollar selling.
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Sustained dollar unwinding from exporters and banks amid weak overseas trend gave a boost to the rupee
However, the Indian capital markets regulator rejected the claim saying it neither received any such request, nor provided any such information to the concerned department in Antigua.
United States Defence Secretary Lloyd J Austin arrived in India on Friday on a three-day visit, aimed at further boosting bilateral defence and security ties in the wake of China's growing military assertiveness in the region including the Indo-Pacific.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
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The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
The rupee has dropped by 60 paise or 0.89 per cent in the last three trading days.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The Indian rupee was down by 44 paise at a fresh two-year low of Rs 48.25 per United States dollar in early trade on Tuesday on persistent demand for the American currency from banks and importers on the back of dollar firmness in overseas market.
The rupee settled at 61.71. In straight three sessions, the currency has shot up 51 paise or by 0.82 per cent.
The domestic currency had gained seven paise on Friday.
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The survey, commissioned by HSBC last year, covered 16,000 people.
The rupee on Tuesday gained 14 paise to close at 61.88 against the dollar.
There's sustained demand for the American currency from importers and banks
It has gained by 23 paise or 0.36 per cent in two days
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
The rupee closed almost flat at 65.76 against the US dollar on some demand for the American currency from banks.
Forex dealers said besides capital inflows, selling of the US currency supported the rupee but a lower opening in the domestic equity market and dollar's strength against other currencies overseas capped the gains.
The rupee has gained by 21 paise or 0.31 per cent in last two days
Khan, the chairman of Pakistan Tehreek-i-Insaf submitted the documents containing details of alleged bank accounts held by the Sharif family and loan write-off schemes.
The rupee continued to slide against the pound sterling and finished at 102.64 as against 102.25 previously.
The two new markets are overwhelmingly dominated by US ride-hailing giant Uber, which has been able to edge out local start-ups
The rupee had closed with a gain of 12 paise on Friday.
A fresh demand for the US currency from importers weighed on rupee.
Hopes of more foreign funds on the back of sharp recovery in domestic equity market also boosted the value rupee against the dollar
The cards should be issued strictly for use in India and transactions settled in Indian rupee.
High-networth individuals and domestic funds from India are eyeing a slice of the much-touted mega IPO of Chinese e-commerce giant Alibaba, which looking to raise an eye-popping $21.1 billion.
Markets finished the session on a dismal note with Sensex closing at its lowest level since August 2014.
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
Persistent foreign capital inflows also boosted sentiment.
The company shut its factory on June 3, which ironically was also World Bicycle Day. It laid off its 431 remaining employees, but the company insists they continue to be on its rolls and will be paid "lay-off wages" upon marking attendance daily.
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
Traders expect the rupee to remain wedged between the 59.60 and 60.50 levels in the absence of any key triggers in the near-term.
Indian companies have made acquisitions of $1 billion so far in January
The rupee depreciated 20 paise to close at 63.84 in Monday's trade.
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