Dollar closed at 67.3075 against its opening of 67.3200. Dollar ended at fresh fifteen month high on buying by oil importers after Brent crude oil prices inched towards $78 a barrel. Global oil prices clocked up on expectation of renewed US sanctions against Iran amid increased geo-political tension in Middle East and plunging in Venezuela oil production. Trump officially withdrew the United States out of an international nuclear deal with Iran. Brent crude oil prices pushed higher after the Iran announcement, a move that may curb the OPEC-member's crude exports in an already tight market. The greenback gained slightly ahead of the release of US inflation data and weekly jobless claims figure which investors expect to be promising raising sentiments. Wholesale inventories in US grew at a slower pace of 0.3% in March, data showed on Wednesday. Bank of England's Monetary Policy Committee will release it policy statement on Thursday. 

BSE Sensex closed lower by 73.08 points at 35,246.27, while the Nifty 50 ended 25.15 points.

INTERNATIONAL

Asian stocks rose, with energy shares leading the way as crude oil prices bolted higher after U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran.

Bank of Japan Governor Haruhiko Kuroda on Thursday warned of risks that could delay achievement of the central bank's price target, such as the chance inflation expectations may not heighten as smoothly as projected.

Gold prices edged up on Thursday while the dollar traded sideways.

Oil prices clocked up more multi-year highs  as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market.

China's producer inflation picked up for the first time in seven months in April, bolstered by surging commodities prices and suggesting its industrial demand remains resilient even as trade tensions ratchet up with the United States.