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

The rupee had closed with a gain of 12 paise against the US dollar at 62.22 in the previous session on Friday.

Meanwhile, the benchmark BSE Sensex rose by 113.19 points, or 0.38 percent, at 29,344.60 in morning trade.

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