But the dollar's firmness against euro and other currencies overseas capped the gains, dealers said.

Besides, a higher opening in the domestic equity market, industrial production growing at a 4-month high of 3.8 percent in June and inflation falling to 3.78 percent in July, helped the local currency, they added.
The rupee had tumbled 59 paise to nearly 2-year low at 64.78 against the US dollar in yesterday's trade on sustained demand for the American currency from importers on the back of a firm greenback overseas following yuan devaluation.
Meanwhile, the benchmark BSE Sensex recovered 278.84 points, or 1.01 percent, to trade at 27,791.10 in morning trade.


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