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The dollar index, which gauges the greenback's strength against a basket of six currencies, rises 0.05% to 102.96
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Robust inflow of foreign funds into Indian equity markets strengthen the currency
Exchange houses are looking forward to an internal payment system which will enable instant transfer of funds from several bank accounts through a single app
Dollar was trading at an elevated level of 104 as a positive development on the US debt ceiling bill boosted investors' sentiment
The currency note will be withdrawn from circulation, left many Indian expatriates and tourists in UAE facing difficulties in exchanging their banknotes
Forex traders say a positive trend in Indian equities, foreign fund inflows and crude oil prices below $80 a barrel supported the South Asian currency
Forex traders say foreign fund outflows, strengthening of the American currency in the overseas market dented investor sentiments
Forex traders say investors are focusing on the country's CPI data scheduled to be released later in the day
The currency remained largely unaffected after the Reserve Bank of India Monetary Policy Committee meeting
Forex markets were closed on Tuesday for the Mahavir Jayanti holiday