Though, there was enough volatility in the indian equity market, the outflow of dollars was high on account of strong buyings by foreign banks during the day trade, dealers added. Meanwhile, the forward primia for six months closed lower at 1.58 (2.07) per cent and annualised primia closed at 1.50 (1.77) per cent. The Reserve Bank of India today fixed the reference rate for the US dollar slightly higher at Rs 39.38.
The Indian unit ended firm at 58.33/34 (58.55/56) against the Euro. Rupee closed also slightly lower at 78.80/81 (78.35/36) per unit against the Pound Sterling. Rupee ended firm at 36.83/85 (36.96/97) per hundred units against the Japanese Yen.