The rupee ended 42.19/24 per dollar against the previous close of 42.14/17 weakened by burst of corporate demand and dollar buying by the State Bank of India (SBI).
Dealers said the rupee was dealt up to an intra-day low of42.25 on a burst of corporate and inter-bank buying towards close.
The market movement was surprising as the rupee fell from an early high of 41.85 to its closing low, they said. "It wasn't a market that was easy to read," a foreign bank dealer said.
