RBI fixed the reference rate for the dollar at 65.3836 and for the euro at 70.1893
On Thursday, the rupee opened at a one-year high of 65.4 against the USD
The domestic currency has risen 2.23% since the beginning of the year
Sensex gains 1.71%, FIIs pump in Rs 4,100 crore; Rupee at highest level since November 6, 2015
RBI fixed the reference rate for the dollar at 66.1800 and for the euro at 70.4354
On Friday, rupee had gained 11 paise to close at a fresh 4-month high of 66.60 against dollar
India has an international rating of BBB-, a notch above junk
This is the highest closing of the rupee since November 10, 2016
Slump comes on the back of fresh demand for the American currency from banks and importers
Fresh bouts of dollar selling amid upbeat sentiment post GDP data release contributed to it
Digital currencies are not created by any authority, Gandhi said
In cross-currency trade, rupee rose sharply against British pound to finish at 82.78 from 83.26
In the previous week, the reserves had fallen by $360.9 million to $362.78 billion
Gains were on the back of fresh dollar selling by banks and exporters
Merger of SBI and its associates is viewed as a step towards cleansing the banking system
In the previous week, the reserves had increased by $1.588 billion to $363.146 billion
Some large companies have not taken cover on dollar loans, which can ruin their financial metrics
Gold reserves went up by $664.3 million to $19.248 billion, RBI said
Dollar inflows into equities, easing Fed rate hike speculation kept forex market sentiment buoyant
Currency managed to sidestep early volatility after the MPC maintained a status quo on repo rate