Forex dealers said a higher opening in the domestic equity market and strengthening of the euro against US dollar overseas also supported the rupee.

The rupee appreciated by 38 paise, its biggest single-day rise in seven weeks, to close at 58.69 in Wednesday's trade on optimism that the budget next week would have strong measures to put finances and the economy back on track.

Meanwhile, the benchmark BSE Sensex climbed to yet another record-high of 25,924.25, rising 83.04 points or 0.32 percent, in morning trade on Thursday.


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