Mumbai, India (BBN) – Continuing its uptrend, the Indian rupee firmed up by another 8 paisa to 64.77 against the US dollar in early trade on increased selling of the American currency by exporters and banks.
Besides, dollar’s weakness against other currencies overseas supported the rupee, forex dealers said, reports hindustantimes quoting PTI.
Further, a firm domestic equity market influenced the rupee uptrend, they added.
On Friday, the rupee had gained 7 paisa to close at a fresh 17-month high of 64.85 on bouts of dollar selling from banks and exporters.
Meanwhile, the benchmark BSE Sensex rose 157.97 points or 0.53 per cent to 29,778.47 in early trade.