Any positive surprise in the interim budget may induce a mild rally in bonds, it still remains a sell-on-rally market
Foreign currency assets, a key component of reserves rose by $1.26 billion to $265.83 bn
The partially convertible rupee closed at 61.925/935 per dollar
Experts say RBI will take note of the uptick in core inflation
Is seen moving in 62.20-62.60 range during the session
The rupee commenced higher at 62.05 a dollar from the last close of 62.10 - a three-week high
Investors also decided to cover their short dollar positions after the rupee failed to gain past 62 in opening deals
Fresh dollar demand from banks and importers impacted the rupee
It is trading at 62.10/11 versus its previous close of 62.09/10
Bitcoin is a virtual currency, or crypto-currency, used only for online transactions
Dealers said besides increased dollar selling by exporters, a higher opening in the domestic equity market supported the rupee
Trading volumes were lower for second day as employees at state-run banks were absent
Bullish equities are also helping the rupee
Dealers see dollar demand from OMCs later in the day
There may be marginal gains in the first half of the week
The rupee ended at Rs 62.29 on Friday compared with previous close of Rs 62.39 a dollar
At least 93 virtual currencies are at present being used by people across the world over the internet