The rupee gained against US Dollar on increased dollar selling by banks and exporters amid foreign fund inflows.
Greenback exhibited convergent trends post Fed policy meeting, losing ground against emerging market currencies, while scaling higher against Euro and Sterling.
The Indian currency ended higher by 35 paise at 66.66/$. The local unit had hit a high of 66.69 and a low of 66.92. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.84 and for Euro stood at 75.02. The RBI’s reference rate for the Yen stood at 66.65; reference rate for the Great Britain Pound (GBP) stood at 87.3398.