The Indian rupee closed at its strongest level in more than five months on Thursday, aided by an uptick in its Asian peers and on the back of dollar inflows into the domestic share and bond markets.
The Indian rupee ended little changed on Tuesday despite rising to its highest in nearly three weeks in the session as dollar demand from state-run banks, likely on behalf of importer clients, eroded the local unit s gains, traders said.
The Indian rupee ended little changed after hovering in a tight band on Friday, as dollar demand from importers, including local oil companies, eroded the impact of supportive global cues, traders said.