The Indian rupee appreciated by 23 paise to 76.11 against the US dollar in early trade on Thursday tracking positive opening in domestic equities.
Forex traders said a higher opening in domestic equities supported the local unit, while concerns over coronavirus outbreak weighed on the local unit.
At the interbank foreign exchange, the rupee opened at 76.11, registering a rise of 23 paise over its previous close.
On Wednesday, the rupee had settled at 76.34 against the US dollar.