The Indian rupee rallied against its US counterpart on Wednesday amidst increased selling of the dollar by banks and exporters while strength across domestic equity space also supported the local currency.
The partially convertible currency was trading at 67.9950 per dollar, up 0.42 per cent from its previous close of 68.2850 per dollar, at the Interbank Foreign Exchange. Rupee climbed to intra-day high of Rs. 67.9400 per dollar with a contract volume of 1,51,426 till the trading. (At 3.20 PM today).
Meanwhile, the broader benchmark BSE Sensex was trading at 26,732.90, up 208.35 points, or 0.79 per cent, at 3:20 PM.