The rupee on Thursday rose by 15 paise to 54.06 against the dollar in early trade on the Interbank Foreign Exchange as the US currency weakened against euro overseas amid a higher opening in the domestic equity market.

Forex dealers said strength in euro against the US dollar overseas and increased capital inflows supported the rupee.

The rupee had closed 7 paise down at 54.21 against the dollar in the previous session on weakness in domestic equities amid strong dollar overseas.

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