Extending gains for the third straight session, the rupee on Thursday advanced by 18 paise to close at 63.91 a dollar on sustained selling of the American currency by exporters and banks.
The local unit also got a boost from higher domestic equity markets. The dollar fell further against the yen to hit a 15-month low in Asian trade while the euro gained after firm German growth, which also supported the rupee’s upmove.
The rupee gained 18 paise today to end at a two-week high of 63.91 against the dollar, a level last seen on January 31 when it had finished at 63.58. On Wednesday, the rupee had ended 23 paise higher at 64.09
Meanwhile, the Sensex ended higher by 141.52 points or 0.41 per cent to 34,297.47 and the Nifty closed up by 44.6 points or 0.42 per cent at 10,545.50 on positive global cues.