Indian rupee remained unchanged against the U.S. dollar on Thursday even as crude oil prices firmed up in the global markets. Traders were getting encouragement as foreign institutional investors (FIIs) were net buyers on Wednesday, purchasing securities worth Rs 1,962.80 crore. Traders took note of report that the Assocham has highlighted that India is emerging as a major beneficiary and is rapidly strengthening its position as one of the world's leading manufacturing destinations amid ongoing realignment of global supply chains. On the global front, the euro has strengthened against the U.S. dollar on Thursday amid rising expectations of another interest rate hike by European Central Bank in September
Finally, the rupee ended at 95.48 (Provisional), unchanged from its previous close of 95.48 on Wednesday. The currency touched a high and low of 95.58 and 95.28 respectively.
