Fresh sale of US currency by exporters paced up leading to a rise in the value of rupee to 64.79.
Rupee rose by nearly 9 paise to land at 64.79 against US dollar (Representational Image).
Mumbai: The rupee took a cue from stocks and climbed 9 paise to 64.79 against the dollar today as fresh sale of the US currency by exporters paced up.
The local unit was in a sweet spot also because of a weak dollar overseas.
Yesterday, the rupee plummeted by a whopping 30 paise to close at an over one-month low of 64.88 against the US dollar, weighed down by fresh demand for the American currency from importers.
The benchmark BSE Sensex was trading higher by 131.84 points, or 0.42 per cent, to 31,353.46 in opening trade today.
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