Sustained capital outflows and almost stable dollar overseas restricted the rupee rise, a forex dealer said.
At the Interbank Foreign Exchange (Forex), the domestic unit commenced strong at 63.50 a dollar from previous close of 63.65 and later moved in a range of 63.46 and 63.58 before being quoted at 63.57 at 1050 hrs, revealing a rise of eight paise or 0.13 per cent.
The benchmark BSE Sensex recovered by 32 points or 0.12 per cent in volatile trade, while foreign portfolio investors sold shares worth Rs 73.75 crore yesterday, as per provisional data.