The rupee recovered by 15 paise to 64.25 against the dollar in morning on fresh selling of the US currency by exporters and banks amid a higher opening in domestic equity markets.
Forex dealers said the dollar's losses against major global currencies overseas after last week's rally supported the rupee.
On Friday, the rupee had dropped 14 paise against the greenback to end at a near two-month low of 64.40 on bouts of dollar demand from importers and banks.
Forex dealers said the dollar's losses against major global currencies overseas after last week's rally supported the rupee.
On Friday, the rupee had dropped 14 paise against the greenback to end at a near two-month low of 64.40 on bouts of dollar demand from importers and banks.
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Nice information.
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