The Indian rupee ended modestly weaker on Thursday, weighed down by dollar outflows linked to derivative maturities and overseas debt repayments, while the central bank's frequent interventions continued to drive volatility expectations lower.
The rupee closed down 0.1% at 95.44 per dollar, with its 1-month implied volatility, a gauge of future expectations, easing to 4.2%, the lowest since early March.
