USD/INR closed at 69.3550 against its opening at 69.46. USD/INR ends down Thursday on likely inflows related to the Reliance-Saudi Aramco deal and improved risk appetite after better than expected Chinese economic data.
Chinese economy growth steady in the first quarter by 6.4% in the January to March period, faster than the 6.3% forecast by economists.
Saudi Aramco is in serious discussions to buy as much as 25% in the refining and petrochemicals businesses of Reliance Industries Ltd (RIL) which is worth $15 billion.
Meanwhile, the dollar index, which tracks the movement of greenback against a basket of six major currencies, traded at 97.02 Thursday compared to 96.90 at close of Indian market on Tuesday.The greenback rose after the US health care shares earnings weakened on concerns over potential adverse of impact from future policy changes.
Crude oil futures trading down after breaching $72 a barrel despite of a decline in the US oil inventories released on Wednesday. US crude inventories fell to -1.396 million in the week of April 12 compared to 7.329 million expected by analyst. Brent futures for June delivery traded 0.25% down at $71.44 a barrel on Thursday.
Sensex provisionally ends 135 points lower with 23 components in the red.