Reuters Market Eye - The rupee is at 61.39/40, its highest level since January 17 and above its close of 61.75/76 on Wednesday, a day after data showed the country's current account deficit narrowed in the December quarter.
Data post-market hours showed India's balance of payments swung back into surplus during the October-December quarter, helped by government curbs on gold imports, after two quarters in deficit.
The rupee is seen moving in a 61.25 to 61.65 range.
Almost all Asian currencies also gain on easing worries about the standoff in Ukraine.
Traders will continue to monitor domestic shares, trading up 0.5 percent, for clues on foreign fund flows.
(Reporting by Swati Bhat)