Mumbai, India (BBN)-Indian rupee firmed up by 4 paise to 67.29 against the US dollar in early trade on Thursday on increased selling of the US currency by exporters and banks amid a higher opening in the domestic equity market.
Forex dealers said weakness in the dollar against other currencies overseas supported the rupee, reports the PTI.
Further, a higher opening in the domestic equity market gave the uptrend some momentum, they added.
On Wednesday, the domestic unit rebounded from its 2—1/2 month low with an impressive 42-paise gain to close at 67.33 — its sharpest single-day jump in over two months.
Meanwhile, the benchmark BSE Sensex rose 187.44 points, or 0.72 per cent, to 26,068.61, in early session on Thursday.