The rupee on Thursday rose by 30 paise to trade at fresh one-month high of 61.75 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters, amid sustained foreign capital inflows.
Strengthening of other currencies against the dollar overseas and a higher opening in the domestic equity market also supported the local currency, forex dealers said.
The rupee had gained 31 paise to close at one-month high of 62.05 against the dollar in yesterday's trade.
Strengthening of other currencies against the dollar overseas and a higher opening in the domestic equity market also supported the local currency, forex dealers said.
The rupee had gained 31 paise to close at one-month high of 62.05 against the dollar in yesterday's trade.
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