Rupee compressed up by 12 paise to 66.87 against the American  dollar at the forex market today.

As per the forex dealers said, “ besides weakness in the dollar against some other currencies overseas and fresh selling of the US currency by exporters and banks with a higher opening in the equity market backing it up, provided added momentum to the rupee”

On Wednesday, the rupee had dropped by 26 paise to end at 66.99 on transformed dollar demand from banks and importers during sharp falls in equity market.

However, the benchmark BSE Sensex united 224.40, or 0.81 % to 27,921.91.