Higher crude oil prices also had its impact on rupee's trading pattern.
Gold gained in the domestic spot market mainly on increase in demand from jewellers.
The rupee is down 3.9% over the past month, making it the worst performer in Asia.
Next major support for the rupee is seen at the 72.40 level.
By local assembly cum manufacturing operation, Mahindra Ideal will save over 70% in taxes.
Positive macroeconomic data supported the domestic unit.
The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.
This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise.
Reliance Industries already runs retail stores and has announced plans to diversify into e-commerce.
Rising political risk after India revoked Article 370, knocked rupee pushing it to a 5-month low.
An average of the spread on G-10 currencies indicated the punishment for not having the US. currency.
Videocon is one of the most indebted cos in India, with outstanding loans worth around Rs 60,000 cr from its financial and operational creditors.
The rupee is forecast to gain nearly 2% to trade at 69.60 per dollar in a year.
Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.
The agreements include commitments of $250 million each in the Master Fund and co-investment rights of up to $750 million each in future opportunities alongside the Fund.
China let its yuan weaken below 7 to the dollar on Monday, an 11-year low.
Sovereign bond issuance overseas, would limit the impact of any global or local stress on domestic markets.
Since the leadership of the RBI has changed we have seen more monetary easing, says Wood.
If the RBI does cut by 25bps it would become the most dovish among Asian central banks.
The dollar index rose 0.35 per cent to 98.85.
ArcelorMittal India - a subsidiary - had submitted a competitive resolution plan for ESIL.
SC this week directed Godavari Garments Limited to make pension payments of more than Rs 1 million to the women it employed within a month,
The rupee had settled at 69.04 against the US dollar on Thursday.
Lower shipments from India will help rivals such as Vietnam and Myanmar in raising their exports, according to Indian exporters.
DIIs were net buyers to the tune of Rs 2,289 crore, data suggests.
A weak trend in domestic equity market also weighed on investor sentiment.
Forex traders said a stronger US dollar against major currencies overseas also weighed on the rupee sentiment.
India will be the main driver to lower the inflation for the South Asian region, Asian Development Bank said.
The rupee Tuesday had closed at 68.71 against the US dollar.
An unabated sell-off in domestic equities also impacted trading pattern in the forex market.
The domestic currency settled at 68.95 against the US dollar, down 1 paisa over its last close.
Forex traders said, foreign fund outflows and weak Asian currencies weighed on the local unit.
For the South Asian region, ADB said the outlook remains robust, with growth projected at 6.6% in 2019 and 6.7% in 2020.
CLSA has retained its buy rating on ACC and raised target price to Rs 2050 from Rs 2000.
The Indian rupee Thursday had closed at 68.44 against the US dollar.
Dollar index, which gauges greenback's strength against basket of six currencies, rose 0.27%.
Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,057 crore on Thursday.
Forex traders said Indian rupee gained taking cues from the higher Asian currencies.
June turned out to be a quiet month for Indian equities.
The increase in external debt was partially offset by valuation gain resulting from the appreciation of the US dollar against Indian rupee and other major currencies.
The Rupee is staring at a shaky year ahead as nearly $94 billion of NRIs deposits mature.
The rupee had settled at 68.95 against the US dollar Tuesday.
"While our average FMCG consumption in the country is just $30-35, in rural India it is half this amount", says Hindustan Unilever chairman Sanjiv Mehta.
For international passengers, the ASF will be increased from 3.25 USD to 4.85 USD from next month.
The domestic currency has lost 57 paise in the last three sessions.
Indian currency has strengthened by 31 paise in the last two sessions.
Finance Minister Nirmala Sitharaman announced that the government aims to increase the present $2.7 trillion economy to $5 trillion by 2025.
Rupee opened at 69.00 and swung between the day's high of 68.88 and low of 69.11 to US dollar.
The 30-share BSE Sensex settled 5.67 points, or 0.01 per cent, lower at 39,586.41.
The index hit an intra-day high of 39,674.22 and a low of 39,319.64.
An index of developing-market currencies flirts with the highest level since April.
RIL was the biggest gainer in the Sensex pack, rising 2.63 per cent.
The government’s hike in customs duty is going to burden all newspapers with higher input cost.
PM Modi faces shrinking options to raise funds as a slowing economy crimps tax revenue.
The index hit an intra-day low of 39,121.30 and a high of 39,617.95.
On Wednesday, the rupee had settled at 69.15 against the US dollar.
Rupee settled at 69.15, up 21 paise against its previous close of 69.36.
Rupee opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.
The 10 year government bond yield which was quoting around 7.4 per cent in April fell to 6.9 per cent by the June end.
Indian bonds and Forex markets were closed Wednesday on account of Id-Ul-Fitr.
Yes Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent.
Foreign institutional investors (FIIs) pulled out Rs 1,050.43 crore on a net basis Wednesday
Top gainers in the Sensex pack included Tata Steel, Kotak Bank, NTPC, HDFC twins, PowerGrid and ONGC, rising up to 4.60 per cent.
Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.
Rupee finally settled at 69.44, higher by 21 paise from the previous close.
Gains in domestic equities and foreign fund inflows supported the rupee and capped its losses to some extent.
On a weekly basis, the Indian currency has gained 61 paise.
The rupee had settled at 69.50 against the US dollar Thursday.
The rupee had settled at 69.26 against the US dollar Tuesday.
Forex traders said a cautious opening in domestic equities weighed on the local unit.
Forex traders said the decline in the local unit was in tandem with the weakness in other major Asian currencies vis-a-vis the US dollar.
Rupee dived 14 paise to close at 69.58 against the US dollar Friday.
Mood across markets have been apprehensive with investors shifting money to safer bets.
The domestic unit opened flat at 69.38 and advanced to a high of 69.20 during the day.
Weak rupee makes the import of gold costlier and pushes the price of the precious metal higher.
The rupee had settled at 69.69 against the US dollar Tuesday.
Sensex dragged down by losses in banking, energy and capital goods stocks even as the RBI cut the policy rate to shore up growth.
The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy on Thursday.
Indian Rupee has now touched the historic low mark and on midday, the value of Indian currency has been 72.69 versus the US dollar.Indian Rupee hits an all-time low of 72.69 versus US dollar
"The recent financial market turmoil has pushed the rupee too low," said Rabobank.
Here's what might matter on Dalal Street all through the day.
Gold and dollar may attract safe haven buying if the situation worsens.
Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey. Indian Rupee hit fresh record lows going past Rs 71/USD. ET Now's Poonam Sahni joins in to tell whats leading to pressure on Indian rupee and performance of Peers against US Dollar.Why Indian Rupee is depreciating and how its peers performing against US Dollar
"Boosting rural growth will also be a priority through expanding the already announced PM-Kisan scheme but is unlikely to include a nationwide farm loan waiver," DBS Group Research Economist Radhika Rao said.
Any resultant impact on the Indian rupee and markets will leave the RBI on a cautious footing.
A rally in equities also wanned the appeal of safe-haven metal.
The won is the worst regional performer so far this year, having lost more than 6 per cent.
With these two moves, the banking system will have cash injection of nearly Rs 60,000 crore.
Any slowdown in Chinese exports to the US on account of the recent imposition of tariffs on Chinese goods could result in a corresponding rise in Chinese exports to other EMs, it said.
The rupee opened weak at 70.22 at the interbank forex market and then fell further to 70.32.
The local unit, however, pared some losses and was quoted at 70.16 against the American currency at 0937 hrs.
Check out what all might matter on Dalal Street all through the day.
Concurrently, with the loan agreement signing, risk participation agreements were signed with private risk participants for the project.
The domestic currency opened strong at 69.48 and later rose to the day's high of 69.10 at the interbank forex exchange market.
The rupee had appreciated 49 paise to 69.74 against the US dollar in the previous session.
FPIs were net sellers of domestic stocks to the tune of Rs 390 crore on Wednesday, data available with NSE suggested.
An intense selling was seen, barring initial hours, across sectors.
DIIs were net buyers to the tune of Rs 141.09 crore, data suggests.
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