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Rising for the eighth straight session, the rupee on Monday gained two paise to close at 66.19 against the American currency on sustained selling of dollars by banks and exporters amid robust foreign capital inflows.
Strong equities boosted the rupee against the dollar. The rupee resumed higher at 66.10 as against last Wednesday’s closing level of 66.21 at the forex market. Intraday it moved in the 66.08-66.22 range before finishing at 66.19, a gain of two paise or 0.03 per cent.
The rupee has gained 90 paise in the last eight trading days.
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