Increased selling of the US currency by banks and exporters helped the value of the rupee
Market has confidence in Reserve Bank of India intervention beyond this, say observers
Well-timed communication by the central bank also helped the rupee correct its course
Increased selling of the American currency by bankers and exporters affected the value of the rupee
Sustained demand for the American currency from importers and banks affected the value of the rupee
The looming expiration of an emergency liquidity measure introduced during India's 2013 currency crisis comes at a risky time for the rupee
The domestic currency appreciated on fresh selling of dollar by exporters
The dollar was firm against some global currencies which also weighed on the rupee, dealers said
Dealers attributed the rupee's fall to increased demand for the dollar
Sustained selling of the American currency by banks and exporters helped the rupee
$20 bn of FCNR (B) deposits that banks had raised in 2013 will come up for maturity in September
Weakness in dollar in the overseas market boosted the rupee value
A weakening dollar against some currencies overseas and a higher opening in domestic equities kept the rupee rising
Expectations of more foreign capital inflows in view of robust domestic equities boosted the rupee value against the dollar, a forex dealer said
Meanwhile, the RBI fixed the reference rate for the dollar at 66.9614 and euro at 75.9409
Increased selling of the American currency by exporters amid foreign fund inflows helped the rupee
Fresh selling of the American currency by exporters helped the rupee
Rupee fell to 67.45/$, down 0.3% from its close, after a Kolkata newspaper reported that Rajan would prefer to go back to the US after his 3-year term ends
The currency opened slightly higher by Rs 67.24 against yesterday's closing level of Rs 67.26
A renewed strength in dollar predominantly prassurised the local unit