Dollar closed at 65.1700 against its opening at 64.8800. Dollar ended up to one-month high during evening trades Wednesday on buying by foreign banks after reports showed that the Reserve Bank of India and government have dissimilar views on investment limit for foreign portfolio investors..Dollar opened down Wednesday on selling by exporters for year end balance sheet purposes amid the subdued dollar. "Foreign banks are seen selling dollars likely for exporters. Also, subdued dollar is supporting the rupee,".Dollar index, which weighs greenback against a basket of six major currencies traded at 89.26 Wednesday compared to 89.47 at close of Indian Market Tuesday.The greenback remained subdued after dismal US economic data.US consumer confidence data came in weaker than expected however traders look forward to some important data in the next two days.  GDP and international trade are slated for Wednesday, while weekly jobless claims and consumer sentiment are set for Thursday.  Also, concerns over a potential trade war eased following reports that the US and China are willing to negotiate trade-related issues and avert a potential trade war.Chinese Premier Li Keqiang indicated that the US and China should maintain negotiations to resolve trade differences. Consumer confidence in the US unexpectedly deteriorated in the month of March, reported the Conference Board on Tuesday.The Conference Board said its consumer confidence index fell to 127.7 in March from a downwardly revised 130.0 in February.Economists had expected the index to inch up to 131.0 from the 130.8 originally reported for the previous month.Local stocks opened lower ahead of derivatives expiry for March series amid slide in Asian markets and overnight lacklustre trading in US.

 

Sensex opens 76 points lower in pre-market session,Nifty opens 40 points lower with 45 components in the red.