Rupee Versus Dollr: On February 15,Tuesday, the rupee ended a four-day losing skid by closing 29 paise higher at 75.31 against the US dollar, owing to a recovery in domestic equities and foreign currency weakness.

The local currency opened weakly against the greenback at 75.60 on the interbank forex market, with an intra-day high of 75.31 and a low of 75.72. It eventually closed at 75.31, up 29 paise from the previous closing.

The rupee fell 24 paise on Monday, closing at 75.60, a nearly nine-week low. The dollar index, which measures the strength of the greenback against a basket of six currencies, dropped 0.37 percent to 96.01. However, traders noted that the rupee's rise was limited due to rising crude oil costs and geopolitical worries.

The BSE Sensex closed the day 1,736.21 points or 3.08 percent higher at 58,142.05, while the broader NSE Nifty ended the day 509.65 points or 3.03 percent higher at 17,352.45. The global oil benchmark, Brent crude futures, was trading 2.76 percent down at $93.82 per barrel. According to stock exchange data, foreign institutional investors were net sellers in the capital market on Monday, offloading shares worth Rs 4,253.70 crore.

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