The rupee continued its stellar performance against the US currency for the fourth straight day today ending higher by 13 paise at 66.82 on heavy dollar selling.
A smart rally in local equities alongside sluggish dollar overseas mainly supported the rupee move.
Moreover, unwinding of long dollar positions ahead of the US job data, which determine the Federal Reserve’s next monetary policy action also backed the rupee sentiment.
The home currency opened substantially higher at 66.85 from previous closing value of 66.95 at the Interbank Foreign Exchange (forex) market owing to sustained dollar selling by exporters and banks.
It remained largely locked within a narrow range of 66.8600 and 66.8100 for the most part before ending at 66.82, showing a smart rise of 13 paise, or 0.19 per cent.
On weekly basis, the domestic unit recovered 24 paise, or 0.36 per cent after a three-straight weekly slide.