Currency comes under pressure despite higher dollar supply
Drop in foreign currency reserves pulls down currency
China’s rollover of $2b loan signals market confidence
Currency touches new four-month high at Rs279.12 vs dollar
Drops nominally to Rs279.28 vs dollar in inter-bank network
Currency propped up by reports saying govt may seek larger IMF package
According to ECP rupee dropped 0.04%, or Rs0.13, to Rs281.32/$ in open market
Rupee remains largely stable at Rs279.33 against US dollar in the inter-bank market
Currency remains on winning streak for 4th straight day
With uptick, currency has cumulatively surged 9.87%