Evening report-Aug 22.

The Indian rupee was stronger as dollar supplies from a large company helped the local unit rise, but concerns over higher oil prices remain.U.S.Dollar found its footing versus other major currencies With no first-tier economic data on tap, all eyes will be on Fed Chairman Ben Bernanke, who speaks at the Kansas City Fed's annual economic symposium in Jackson Hole. The Euro gave back some of its gains after the June’s current account reading showed the deficit widening to 8.2 billion from a revised -5.5 billion the month prior. pound reversed its gains after the industrial new orders report showed the biggest drop in six years also weighed on the currency. Although manufacturing demand declined 7.4% on an annualized basis.U.S.Dollar also climbed from a two-week low against the yen as Japanese investors took advantage of their currency's gains to buy higher-yielding assets abroad.