USD/INR closed at 72.1850 against its open at 72.7850. Dollar ended off record high Wednesday on selling by foreign banks and exporters on reports Government to hold meeting over the weekend to discuss measures to support rupee among others.
The yield on the benchmark 10-year bond opened at its highest levels in near 46 months tracking record low opening for the Indian rupee amid sharp rise in crude oil prices and US treasury yields.
Adding to this, foreign portfolio investors were seen selling bonds on concerns over depreciating rupee.
Crude oil prices inched towards $80 a barrel on potential impact of Hurricane Florence on oil market.
Brent crude oil futures for delivery in November traded 0.59% higher at $79.53 a barrel on Wednesday.
Sensex provisionally ends 299 points higher with 19 components in the green.