The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher
This comes amid a lacklustre trend in domestic equities and strengthening of the American currency in the overseas market
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.11 per cent
In the previous session on Thursday, the rupee had closed at 73.64 against the US dollar.
Global anxieties along with rising imports and persistently high crude oil prices will weaken the Indian rupee in the coming week.
The Indian rupee appreciated 7 paise to 73.61 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities and sustained foreign fund inflows
The currency fell tracking a strong American currency in the overseas market and muted trend in domestic equities
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.11 per cent to 92.54.
The Indian rupee fell 18 paise to close at 73.60 (provisional) against the US dollar on Wednesday, tracking a strong American currency in the overseas market and muted trend in domestic equities.
The Indian rupee inched higher by 2 paise to 73.03 against the US dollar in opening trade on Friday, despite a sustained rally in domestic equities. Forex traders said the local unit is trading in a narrow range as strengthening crude oil prices and dollar demand is offsetting the impact of upbeat domestic equities. At the interbank foreign exchange, the rupee opened at 73.05 against the dollar, then surged higher to 73.03, up 3 paise over its previous close. On Thursday, the rupee had settled at 73.06 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.01 per cent at 92.21. Foreign institutional investors were net buyers in the capital market on Thursday as they purchased shares worth Rs 348.52 crore, as per exchange data. On the domestic equity market front, BSE Sensex was trading 251.67 points or 0.44 per cent higher at 58,104.21, while the broader NSE Nifty advanced 70.65 points or 0.41 per c
The rupee has rallied 1.6% in the previous three sessions to post its biggest gain for the period since March 2
The Indian rupee opened on a flat note and slipped 5 paise to 73.05 against the US dollar in opening trade on Wednesday
Experts say RBI won't allow Rs to appreciate out of sync with Asian currencies
With equity benchmark indices scaling new closing highs and rupee logging its biggest single-session gain in more than four months, last Friday of this month turned out to be fabulous for markets
In the domestic bond market, the benchmark 10-year bond yield ended steady on the day but rose 2 bps on the week.
Supported by a firm trend in domestic equities ahead of the key speech from US Federal Reserve Chair Jerome Powell
The Indian rupee weakened on Tuesday to its lowest level in almost two weeks, in line with other Asian currencies
Gold reserves were up by USD 760 million to USD 37.644 billion in the reporting week, the data showed.
On Thursday, the rupee had settled at 74.17 against the US dollar.
The rupee settled for the day on a flat note and inched 2 paise higher to close at 74.17 (provisional) against the US currency, marking the fourth straight session of gains on Thursday.