The Indian rupee ended little changed on Thursday after the Reserve Bank of India kept its benchmark policy rates unchanged, with the focus now on U.S. economic data and remarks from a Federal Reserve official due later in the day.
The Indian rupee gained on Wednesday, in line with most of its Asian peers, on the back of dollar sales from two large foreign banks. The rupee ended at 82.9675 against the U.S. dollar, up 0.11% compared with its close at 83.0550 in the previous session.
The Indian rupee ended unchanged on Tuesday as mixed cues from the strength in most of its Asian peers, despite a jump in U.S. bond yields, kept the pair in a narrow range throughout the session.
The Indian rupee slightly higher on Friday as dollar demand from state-run banks and importers eroded early gains on a fall in U.S. bond yields and positive sentiment following the presentation of India s federal budget.