However, a weak dollar against major global currencies and a higher opening of the domestic equity market, capped the losses, forex dealers said.

The domestic unit closed higher by 11 paise at 66.56 in yesterday's trade on fag-end selling of the American currency by banks and exporters on the back of lower greenback overseas.

Meanwhile, the benchmark BSE Sensex recovered by 125.60 points or 0.49 percent to 25,722.62 in morning deals.

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