Forex dealers said strengthening of the euro against the dollar in overseas market on expectations that the US Federal Reserve will keep its monetary easing policy in place till early 2014 boosted the sentiment. A higher opening in the domestic equity market also supported the rupee, they said.

The domestic currency had closed unchanged at 61.46 on Friday amid weakening US currency overseas. Meanwhile, the BSE benchmark Sensex rose by 76.98 points, or 0.37 percent, to 20,760.50 in morning trade on Monday.

(Agencies)

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