Depreciates for 6th straight day ahead of $1b Eurobond payment
Currency stays at 5-1/2-month high on better dollar supply
Currency maintains rising streak for 12th straight day
Maintains winning streak for 8th straight day on better dollar inflows
Improved reserves help rupee to remain at five-month peak
Currency gains value in backdrop of IMF staff-level agreement
The currency got support from the ongoing smooth talks with the IMF for the release of last tranche of $1.1 billion
In the open market, however, the rupee maintained its uptrend for the fourth consecutive working day
Currency finds support from IMF’s positive response to loan talks
Currency comes under pressure despite higher dollar supply