INSUBCONTINENT EXCLUSIVE:
added to the pressure on the domestic unit
domestic currency opened higher at 69.23 per dollar, but lost ground during the day to fall to 69.52
The rupee finally settled at 69.46, down 18 paise over its previous close
global oil benchmark, climbed 1.62 per cent to $62.67 per barrel
The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 97.06, ahead of the US
4 bps to 6.97 per cent, heading for a fourth straight weekly drop after RBI's "accommodative" stance from "neutral" and cut 25 bps
The BSE gauge settled 86.18 points, or 0.22 per cent, up at 39,615.90