The domestic unit hovered in a range of 66.79 and 66.70 in the morning deals
Some dollar selling by banks and exporters on hopes of more foreign capital flows boosted the rupee value
The domestic currency has gained 61 paise or 0.91% since Junly 26
Favourable outcome from Fed meet, positive June quarter earnings and push for GST reforms lifted domestic equity market
The domestic currency gained 21 paise or 0.31% in last two days
Indian rupee has been trading in and around 67 a dollar level in the last 10 trading sessions
The concept of REER is used to gauge a currency's strength vis-a-vis its trading partners or export competitors after adjusting for inflation, expressed as an index
The dollar index was trading lower by 0.12% against a basket of six currencies in the late afternoon trade
The rupee opened higher at 67.10 as against Tuesday's closing level of 67.18 at the Forex market
Scattered demand for the American currency from importers helped the value of the rupee
Rupee had last ended at 67.08 a dollar on June 17
Exporters and banks stepped up selling of the American currency, helping the rupee
Fresh selling of the US currency by banks and exporters amid foreign fund inflows helped the rupee
The dollar firmed up against some global currencies, which weighed on the domestic currency
The domestic currency has gained by 68 paise or one per cent in four trading days
Increased selling of the US currency by banks and exporters helped the value of the rupee
The devaluation was effected to to counter a sharp drawdown in forex reserves; to boost investor confidence, and to improve competitiveness
Fresh inflows by foreign funds and a higher opening in domestic stocks gave the uptrend a leg to stand on
The US dollar was weak against the major world currencies in overseas markets which also strengthened the rupee sentiment
Dealers said weakness of the dollar against other currencies overseas gave the rupee more muscle