Rupee rises 5 paise to close at 90.67 against US dollar.The rupee edged up by 5 paise to close at 90.67 against the US dollar on Wednesday, buoyed by foreign fund inflows and a strong domestic equity market. However, rising global crude oil prices and a stronger dollar limited further gains for the local currency.
Rupee hemmed in by mild Asia weakness, RBI backstop at 90.70-90.80.The Indian rupee is set to open flat and hold a narrow range on Wednesday, with traders balancing mild weakness across Asian currencies against persistent central bank backstop in the 90.70–90.80 zone.
Rupee ends flat; likely RBI presence blunts corporate, interbank dollar bids.The Indian rupee ended Tuesday little changed, as intermittent intervention by the Reserve Bank of India slowed the currency's drift toward the psychologically important 91-per-dollar mark.
Rupee poised to track weaker Asia in risk-off mood; RBI intervention in play.The Indian rupee is set to open weaker on broad risk aversion and softer Asian peers, while markets look for signs of central bank action to prevent a break past a psychological threshold.
Rupee ends nearly unchanged, hemmed in by mixed flows.The Indian rupee ended barely changed on Monday, as usual dollar demand met offsetting inflows, keeping the currency largely rangebound at the start of the week.