Forex dealers said besides sustained selling of the greenback by banks and exporters, a higher opening of the domestic equity market backed up the rupee at the Inter-bank Foreign Exchange.

However, the dollar's strength against other currencies overseas capped the rupee's gain, they added.

The local currency had gained 17 paise to close at three-month high of 66.37 in yesterday's trade.

Meanwhile, the benchmark BSE Sensex rose 79.94 points, or 0.32 percent, to 25,418.52 in morning trade.

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