Zee Media Bureau
The rupee appreciated by 26 paise to end the week at 61.77 against the Greenback following dollar selling by exporters and some banks amid signs of fund inflows.
At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 62.25 a dollar from previous weekend's close of 62.03 on sustained dollar demand from importers and weakness in local equities.
However, it later fought back to a high of 61.75 before concluding the week at 61.77, showing a rise of 26 paise or 0.42 percent. It had plunged by 76 paise or 1.24 percent in the last straight five weeks.
Breaking six-week of rally, the Indian benchmark S&P BSE Sensex finished down by 235.89 points or 0.82 percent during the week while FPIs/FIIs picked up shares worth USD 254.33 million on the first four days of the week, as per Sebi data.
Meanwhile, the Reserve Bank of India (RBI) kept the key interest rates unchanged in its fifth bio-monthly monetary review on December 2, 2014.
With PTI Inputs
