By laksh5382 
Rupee The fourth consecutive session was strengthened and closed at 85.37 (provisional) against the US dollar on Thursday, at the concluding level of April 3, behind the widespread weakness in foreign fund inflows and greenbacks in domestic equities.
The unit has suffered all its losses since April 2, when US President Donald Trump announced a mutual tariff on several countries. On April 2, the rupee was quoted at 85.52 against the US dollar.
According to Forex traders, a positive tendency in domestic equity after a recurrence from American tariffs promoted overall investor spirit, even though some recovery in raw value weighed on Indian currency.
In the interbank Forex, the domestic unit opened at 85.48 and went between the high levels of 85.31 and 85.62 against Greenback during intraday. The unit finished the session at 85.37 (provisional) against the dollar, logging on to 27 money from its previous end level.
The rupee shut down the Wednesday session, with an increase of 16.64 at 16.64 against the dollar.
In the four sessions the previous four sessions, the Indian currency has added 131 money, or more than 1.5 percent since the conclusion of 86.68 against Greenback on 9 April.
Research analyst Anuj Chaudhary of Mirae Asset Chadkhan said that the rupee achieved an increase in domestic equities and FII flows.
However, recovery of importer dollars and recovery in crude oil prices can be a sharp profit, he said, “Traders may indicate weekly unemployment claims and housing data from the US. The USD-InR spot price is expected to trade within the range of 85.20 to 85.70.”
Meanwhile, the dollar index, which detects the strength of greenback against a basket of six currencies, was trading more than 0.10 percent at 99.24.
Global oil benchmark Brent crude, futures trading increased by 0.88 percent to $ 66.43 per barrel.
In the domestic equity market, the 30-cheer BSE Sensex increased by 1,508.91 points or 1.96 percent, settling at 78,553.20, while the Nifty rose from 414.45 points or 1.77 percent to 23,851.65.
According to exchange data, foreign institutional investors (FII) on Wednesday bought equity worth 3,936.42 crores on a pure basis.
Published on 17 April 2025