The reference rate for rupee/British pound was fixed at 91.Meanwhile, the 10-year government bond yield was at 6..49 crore from the capital markets on a net basis on Wednesday, provisional data showed.The dollar index, which gauges the greenbacks strength against a China Wholesale Parallel Screw Barrel basket of six currencies, fell 0.On the domestic market front, the 30-share Sensex ended 183.11. Similarly, the broader NSE Nifty ended with a gain of 46 points, or 0.05.12 per cent to 97.00.Brent crude futures, the global oil benchmark, rose 1.The rupee pared its initial losses to settle flat at 70.38 per cent, at 12,012.10 against the US dollar. During the day, the domestic unit fluctuated between a high of 70.97, unchanged from its previous close.3207 and for rupee/100 Japanese yen at 65.The Financial Benchmark India Private Ltd (FBIL) set the reference rate for the rupee/dollar at 70.Foreign funds purchased shares worth Rs 1,011.
At the interbank foreign exchange market, the rupee had opened weak at 71.31 per cent to trade at USD 62.96 points, or 0.83.51 per cent on Thursday.97 against the US dollar on Thursday after the US-China trade deal hopes enthused investor sentiments.88 and a low of 71.Sustained foreign fund inflows supported the domestic unit though the gains were capped by hardening crude oil prices that breached the USD 62 per barrel mark, forex brokers said.The rupee finally settled at 70.Somaiyaa further said that the optimism regarding the US-China trade deal has led to an appreciation in the rupee and across major equity markets.8861 and for rupee/euro at 78."After opening on a weaker note, the rupee rose marginally against the US dollar after comments from the Chinese ministry that China and the US have both agreed to cancel in phases the tariffs imposed during their prolonged trade war," said Gaurang Somaiyaa, Forex & Bullion Analyst, Motilal Oswal Financial Services Private Ltd.