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The rupee ended strong at 66.38 due to dollar selling by exporters and banks and a strong domestic equity market.
The domestic unit opened strong by 8 paise at 66.40 at the interbank forex market today. It hovered in a range of 66.46 and 66.29 before ending at 66.38, up 10 paise at 5 pm local time.
Yesterday, the rupee had lost 36 paise to hit a fresh 13-month low of 66.48 against the US dollar as rising crude prices and sustained foreign fund outflows led to subdued forex market sentiment.
In global trade, the US dollar had strengthened against major world currencies overseas, while investors maintained focus on the US Treasury market, where the 10-year yields were near with 3 per cent.
Meanwhile, the Sensex closed higher by 165.87 points or 0.48 per cent at 34,616.64 on sustained DII buying and positive global cues.
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