Besides, dollar’s weakness against other currencies overseas after Fed Chair Janet Yellen indicated the central bank would take a wait-and-see approach to monetary policy, suggesting any rate hikes this year could be slow, supported the rupee, forex dealers said.
However, they said, a lower opening of the domestic equity market, capped the gain.
The local unit had lost 5 paise to close at one-week low level of 68.13 in yesterday’s trade.
The benchmark BSE Sensex fell 80.82 points, or 0.30 per cent, to 27,227.78 in early trade today.
PTI