Foreign institutional investors (FIIs) were net buyers in the capital markets on Friday as they purchased shares worth Rs 129.39 crore, according to exchange data.
At the interbank foreign exchange, the domestic unit opened at 83.31 against the dollar and then touched a high of 83.30, and a low of 83.32 against the greenback. On Tuesday, the rupee recovered from its all-time low to settle 10 paise higher at 83.28 against the US dollar.
India s forex reserves dropped by $1.318 billion to $593.749 billion in the week ending June 9, with foreign currency assets witnessing the largest decline. The country s forex reserves had climbed by $5.929 billion prior to the latest drop.
India s forex reserves fell for the second week in a row, dropping by $4.339bn in the week ending May 26. By the end of the week, the country s forex reserves stood at $589.138bn.