The Indian rupee appreciated by 10 paise to Rs. 44.95 per dollar at the Interbank Foreign Exchange on Thursday, supported by a higher opening in the stock market and dollar weakness against the euro and other Asian currencies.
The rupee had strengthened by 10 paise to close at Rs. 45.05/06 against the U.S. currency in Wednesday’s trade following fresh dollar-selling by some banks and exporters.
Forex dealers said dollar weakness against the euro and other Asian currencies overseas and a higher opening in the stock market kept the rupee sentiment firm against the American dollar.
Meanwhile, the Bombay Stock Exchange Sensex was up by 112.25 points at 18,198.45 in opening trade on Thursday.