Dollar closed at 65.0350 against its opening at 64.9700.Dollar closed up on buying by nationalised and private banks amid oil importers' demand and overseas fund outflows from local stocks, Investors will remain cautious ahead of release of minutes of Reserve Bank of India-Monetary Policy Committee October meeting.  Oil prices rose after the American Petroleum Institute reported a huge drawdown in United States crude oil inventories and concerns that tensions in the Middle East could disrupt supplies. Firm Asian currencies amid subdued dollar."In Asian trades, dollar is a little subdued, which will support the dollar,". During Asian trades, dollar remained subdued against its major currencies after US President Donald Trump's top trade negotiator exchanged public barbs Tuesday with his Mexican and Canadian counterparts as well as US businesses, magnifying large gaps over the North American Free Trade Agreement and highlighting the obstacles to keeping the pact alive despite upbeat US economic data.On the US economic data front, US import and export prices both increased by more than anticipated in the month of September.

Sensex provisionally ends 24.81 points lower at 32,584.35 points with 20 components in red.

INTERNATIONAL

 

Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference.

Gold prices inched up on Wednesday from a one-week low with the dollar holding steady, but speculation that President Donald Trump might pick a policy hawk to lead the U.S. Federal Reserve weighed on the metal.

Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies.

India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to rend other companies as part of an effort to recapitalise banks.