- Forex dealers said apart from selling of the American currency by exporters and banks, weakness in the dollar against other emerging market currencies overseas, supported the rupee.
- Further, a higher opening in the domestic equity market influenced the rupee's uptrend, they added.
- Yesterday, hit by global growth concerns, the rupee crashed below the 68-level after 28 months and closed 30 paise down at 67.95 on fresh demand for the American currency from importers amid a massive fall in domestic stock markets.
- Meanwhile, the benchmark BSE Sensex recovered by 252.75 points, or 1.05 percent, at 24,314.79 in morning trade today.
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