Rupee opens firm at 44.61/63/USD

Mumbai, Apr 3 (UNI) The rupee today opened firm at 44.61/63 per US dollar as compared to the last close of 44.62/63, said a foreign exchange (forex) dealer here.

Later in the mid-morning session rupee traded almost unchanged at 44.6150/6250 per dollar, the dealer added.

A massive bull run in the domestic equity market was supporting rupee at the current levels, the 30 share sensitive index (Sensex) was up by 147 points to 11,427 points this morning.

Also the USD 2.5 billion addition in the foreign exchange reserves last week and robust foreign fund inflow in the equity markets was keeping rupee stable.

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