The rupee had lost 28 paise to close at 62.01 against the dollar in Tuesday's trade on possibility of interest rate hike by the RBI and some hints of tapering from US Federal Reserve.

Besides, a higher opening in the domestic equity market also supported the rupee. Meanwhile, the benchmark BSE Sensex rose by 58.20 points, or 0.28 percent, to 20,670.34 in morning trade.

(Agencies)

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