The local unit traded in a tight range band between 39.26 and 39.30 per dollar in a dull inter-bank foreign exchange (Forex) market, dealers said. The six-month forward premium closed higher at 1.71 (1.63) per cent and annualized premium also ended high at 1.39 (1.36) per cent. Meanwhile, the central bank today fixed the reference rate at Rs 39.29 per dollar. The reference rate was steady compared to its yesterday's rate.
The Indian unit ended marginally weak at 57.59/60 (57.54) against the Euro. It closed at 77.06/07 (76.90) per unit against the Pound Sterling. Against the Japanese Yen, the Rupee ended at 35.73/74 (35.78) per hundred units.