Rupee gains against US dollar ahead of RBI policy review
Besides, a higher opening in the domestic equity market and strengthening of euro against the American currency overseas supported the rupee, forex dealers said.
Meanwhile, the BSE benchmark index Sensex recovered by 74.18 points, or 0.39 per cent, to 19,318.60.
The rupee had lost 37 paise to close at a three-week low of 54.85 against the dollar yesterday due to persistent demand for the American currency amid government lowering economic growth forecast for the current fiscal.
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