Mumbai: The rupee appreciated by 17 paise to Rs 53.13 per dollar in early trade on the Interbank Foreign Exchange on Tuesday, as the US currency weakened against euro and other major currencies.
Dealers said firm domestic equity markets also supported the rupee.
The rupee had lost 20 paise to close at two-week low of Rs 53.30/31 per dollar on Monday.
Meanwhile, the 30-share BSE Sensex rose by 191.52 points, or 1.23 percent, to 15,709.44 in opening trade on Tuesday.