Mumbai: The rupee edged marginally higher by 1 paisa to 65.19 against the US
dollar in early trade ahead of the Federal Reserve's policy decision
today.
Besides, the dollar's weakness against some currencies
overseas, fresh selling of the American currency by exporters
as well as banks supported the rupee, forex dealers said.
A higher opening in the domestic equity market influenced the currency's movement, they added.
Yesterday, the domestic unit had slipped by 3 paise to end at 65.20 a dollar due to demand uptick for the greenback.
Meanwhile, the benchmark BSE Sensex rose 226.86 points, or 0.69 per cent, at 33,223.62 in opening trade today.
PTI
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