The dollar index, which tracks the US currency against a basket of six major rivals, was trading marginally down 0.60 points at 9,360.64, while broader Nifty was down 25. The domestic currency had yesterday slumped by a whopping 34 paise to end at a fresh seven-week low.91 from Tuesday&wholesales PC-PE-PET-PEX online39;s closing value of 64..8586 and for the euro at 72.The flagship Sen*** fell 63.In the international commodity front, crude prices staged a rebound on expectation that OPEC producers will signal an extension of the production cut to drain global oversupply. In worldwide trade, the US dollar was trading a little firmer on some follow-through buying as comments from a senior Federal Reserve official rekindled expectations of possible US interest rate hike in June.In cross-currency trades, the rupee rebounded against the pound sterling to close at 83.19.

Mumbai: The rupee today reclaimed some lost ground by rebounding 16 paise to 64.61 points to end at 30,301.19 per pound and recovered against the euro to settle at 72.5 paise from 281-283 paise on Tuesday.90 per 100 yens from 58. The benchmark Brent crude oil was up 25 cents a barrel at USD 54.90 earlier.53 crore yesterday.40 in early Asian trade. It also regained sharply against the Japanese yen to finish at 57. After hitting a fresh low of 64.Commodity-related currencies like the Australian and New Zealand dollars remained under pressured after Moody's downgraded its credit rating for the world's second-largest economy China.09 per cent at 97.5-280.43 as compared to 72.The rupee today opened # lower at 64.In forward market today, premium for dollar continued to trade subdued due to persistent receivings from exporters.The Organisation of the Petroleum Exporting Countries (OPEC) ministers and other producers were meeting on Thursday.89 at the forex market on sustained dollar demand.33 yesterday.

Foreign portfolio investors (FPIs) bought shares worth a net Rs 400.72 before ending at 64.55.The RBI, meanwhile, fixed the reference rate for the dollar at 64.73 following fresh bouts of dollar selling by banks and exporters. The benchmark six-month premium payable in October edged lower to 131-132.73, revealing a good gain of 16 paise, or 0. Robust capital inflows into the equities and debt largely supported the recovery momentum where as local markets witnessed continued sell-offs.25 per cent. Meanwhile, bourses succumbed to heavy profit-taking for the second straight session led by frontline heavyweights even as sentiment remained volatile amid escalating tensions on the border adjoining Pakistan.However, risk events ahead kept overall forex trading mood bit nervous and cautious with investors looking to the minutes of the latest FOMC meet later in the day amid strength in the greenback.94 from 84.96 in late morning deals, the local unit recouped smartly towards the fag-end trade session and recaptured an intra-day high of 64.5 paise from 132-134 paise and the far forward April 2018 contract also moved down to 278.4730