MUMBAI: The Indian rupee on Thursday closed flat at 45.62/63 a dollar after paring its early gains due to fag-end buying of the US currency by exporters.
In fairly active trade at the Interbank Foreign Exchange (Forex) market, the domestic unit opened remarkably higher at 45.45/46 a dollar against its previous close of 45.61/62.
Later, it moved in a wide range of 45.40 and 45.68 before concluding the day at 45.62/63 a dollar.
Dealers said that dollar selling by banks and hopes of increased capital inflows mainly helped the rupee rise in morning deals.
However, dollar buying by exporters in the later part of the session mainly weighed on the rupee and it ended flat.
The Indian benchmark Sensex today ended up 75.07 points, or 0.43 per cent, while most of the Asian indices too showed firm trend at the end.
In New York, the dollar remained lower against major rivals yesterday after the Federal Reserve report said that regional economic conditions were improving modestly.
The global crude oil prices were trading above USD 80 a barrel in Asian trade on Thursday.
Source : TOI