In early trade today; the rupee recovered by 17 paise to 63.96 against the US dollar. Besides, the dollar's weakness against some currencies overseas and early gains in the domestic equity market supported the rupee.
The rupee had lost 5 paise to close 64.13 against the US currency in Friday's trade due to sustained demand for the American currency from importers and corporates.
However, the benchmark BSE Sensex hiked by 190.65 points or 0.61 per cent in opening trade today.
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