The Rupee appreciated by 10 paise to 65.54 against the US Dollar in early trade on Wednesday. The domestic currency had declined by 5 paise to settle at a one-month low of 65.64 against the greenback in Tuesday's session on fag-end dollar buying by banks.
The strength in the rupee on Wednesday was largely in line with the gains seen in most Asian currencies.
Indonesia rupiah (up 0.78 per cent), Taiwanese dollar (0.72 per cent), Malaysian ringgit (0.60 per cent), Korean won (0.36 per cent) and Thai baht (0.11 per cent) were all trading higher against the dollar. The Japanese yen inched down 0.2 per cent.
Indonesia rupiah (up 0.78 per cent), Taiwanese dollar (0.72 per cent), Malaysian ringgit (0.60 per cent), Korean won (0.36 per cent) and Thai baht (0.11 per cent) were all trading higher against the dollar. The Japanese yen inched down 0.2 per cent.
The Dollar index, which tracks the movement of dollar against a basket of six major world currencies, stood at 97.32, up 0.2 per cent.
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