Forex dealers said that besides increased selling of the American currency by exporters and banks, a higher opening in the domestic equity market and the dollar's weakness against other currencies overseas supported the rupee.     

The rupee had closed three paise lower at 60.39 against the dollar in the previous session on Friday.
Meanwhile, the benchmark BSE Sensex rose by 204.25 points, or 0.75 percent, to hit new all-time high of 27,230.95 in the morning trade on Monday.

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