New Delhi: FIIs remained net purchasers for the third straight week and infused a net amount of USD 244.63 million as per Sebi's record.
In the meantime, country's foreign exchange reserves scaled a new high of USD 371.99 billion, up USD 1.223 billion for the week ending September 30.
In the forward market, premium for dollars remained under immense pressure on sustained receiving by exporters.
The benchmark six-month forward dollar premium payable in March 2017 slumped to 171-172 paise from 188-190 paise and far-forward contracts maturing in September also fell sharply to 348.5-349.5 paise as compared to 369-371 paise last weekend.
RBI fixed the reference rate for the USD at Rs 66.7875 and euro at Rs 74.2744 as against preceding week's level of Rs 66.6596 and Rs 74.7521, respectively.
In cross-currency trades, the rupee staged a strong rebound against the pound sterling and ended at 82.23 from 86.41 earlier. It strengthened further against the euro to settle at 74.27 as compared with 74.40 and also firmed up against the Japanese currency to finish at 64.36 from 65.83 per 100 yen.
In worldwide trade, the US dollar ended the week on a buoyant note against all major trading counterparts on expectations the Federal Reserve to raise US interest rates this year despite lower-than-expected US jobs data.
Meanwhile, the British pound suffered a major setback after what traders called a "flash crash" knocked the currency to a 31-year low.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, ended the week at 96.52.
Crude prices settled below the key psychological USD 50 a barrel mark. Hopes of an output deal, have supported prices over the last sessions, with the commodity reaching a 4-month high of USD 51.09 earlier on Friday.
