It has been one of the weakest currencies globally this year, with suspicions of capital flight and slowing capital inflows
Rupee has already lost little more than 2% against the dollar since the beginning of the year
The rupee traded almost flat in most part of the day but fag-end dollar selling helped the local currency extend gains for the third day in a row
Currency traders and speculators avoided taking huge positions ahead of the long weekend also the focus turned towards the second testimony by Fed's Powell
The latest Fed policy-meeting minutes had cemented expectations of more aggressive US rate hikes this year
The rupee has given back all its 2018 gains post budget announcements
Currency traders cautious ahead of NDA govt's last full-year Union budget before 2019 general elections, RBI's policy meet
Continuing its winning streak, the rupee has strengthened by a solid 47 paise in last three sessions
The rupee had gained 30 paise to close at a fresh three-month high of 64.04 on Friday against the dollar
A sharp uptick in the US dollar demand from importers and banks amid rising prospect of Fed rate hike by the end of this year largely dominated trading sentiments
This is the highest closing for the domestic currency since November 6
Falling crude oil prices helped the rupee tide over trade deficit scare that ballooned to 3-year high of $14 billion due to twin impact of rising oil imports and falling exports
The rupee opened on a weak note at 65.14 against Tuesday's close of 65.07 at the Interbank Foreign Exchange market
The rupee was under severe pressure last week and touched 6-1/2 month low 65.89 during intra-day
Geopolitical developments in the Korean peninsula need to be closely followed as it could prove to be a trigger for a sudden spike in USD/INR
He says companies are fast leaving banks for the bond market
The rupee has appreciated 6.3% against the dollar since the beginning of this year
A robust dollar demand from importers and corporates also weighed on rupee trade
Effects on job-generating sectors should worry govt
Due to sustained demand for the US currency from importers and corporates