The rupee resumed higher at 63.73 as against the last closing level of 63.82 at the Interbank Foreign Exchange (Forex) and firmed up further to 63.62 before concluding at 63.64, disclosing a gain of 18 paise, or 0.28 per cent.

On Wednesday, the domestic currency had dropped by 15 paise, or 0.24 per cent, against the dollar. The rupee hovered in a range of 63.62 and 63.82 per dollar during the day. The dollar was lower against the yen in Asian trade on Thursday, with its upside capped by profit taking and selling by Japanese exporters after a recent rally that brought the greenback to a two-month high.
The dollar index, a gauge of six other major global rivals, was trading lower by 0.54 per cent.
Besides, the minutes of Federal Reserve’s April meeting released overnight showed that the central bank officials doubted they would be ready to raise short-term interest rates by mid-year.

Meanwhile, the S&P BSE benchmark Sensex ended lower by 27.86 points, or 0.10 per cent, at 27,809.35.

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