Forex dealers said besides fresh selling of the American currency by exporters, dollar's weakness against other currencies after a US data showed a sharp rise in the trade deficit, supported the rupee at Interbank Foreign Exchange.
They said, however, a lower opening in the domestic equity markets capped the gains.The local currency had shed 2 paise to close at 63.44 yesterday's on persistent dollar demand from banks and importers.
Meanwhile, the benchmark BSE Sensex fell by 82.54 points or 0.30 percent to 27,357.60 in morning trade.


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