Mumbai, Feb 12: The rupee appreciated 17 paise to settle for the day at 90.61 against the US dollar on Thursday, as foreign fund investments lifted investor sentiments.
Forex traders said foreign fund inflows, while not massive, provided a psychological anchor. Moreover, the RBI has been quietly ensuring that liquidity remains abundant in the banking system, they said.
The rupee opened at 90.55 against the US dollar, and touched an intraday high of 90.40 and a low of 90.65 during the day. (PTI)
