Euro, which was up 0.6% at one stage during early London trading, slowly abandoned those gains and was up a meagre 0.1% at $1.1336
The euro which was gaining close to 0.6% at one stage during morning trading, slowly abandoned those gains and was up a meagre 0.13% at $1.1334 as of 1224 GMT
At the interbank forex market, the local unit opened at 75.03 against the greenback and witnessed an intra-day high of 74.60 and a low of 75.05
At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24
The U.S. dollar index edged lower and was down 0.2% on the day at 95.846 by 0831 GMT
On Monday, the rupee had slumped by 24 paise to close at an over nine-week low of 75.60
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent higher at 96.21
Currency market moves were small on Thursday as investors waited for key data on U.S. inflation to give clues on the Federal Reserve's policy tightening trajectory
The rupee pared its initial gains to settle on a flat note at 74.83 (provisional) against US dollar on Wednesday, even as the domestic equities closed on a positive note.
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Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar
A growing chorus of investors is betting the world's reserve currency has reached a peak in a dramatic turnaround from a month ago.
The rupee strengthened to its two-month high, as dollars pertaining to bonds raised by Reliance Industries (RIL) continued to pour into the country alongside some inflows into Indian equities
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
The dollar index rose 0.009 per cent, with the euro up 0.03 per cent to $1.1297
But with London, Europe's main FX trading centre closed for a market holiday, volume was expected to remain limited
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.11 per cent to 95.77
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.04 per cent to 95.92
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.26 per cent to 96.18
Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.18 per cent to 96.37