The rupee started with a high today strengthening 16 paise to 64.89 against the dollar after the European Central Bank (ECB) said it would soon taper off its monetary stimulus.
It got more lift from fresh selling of the US currency by exporters and banks amid stronger domestic equities.
The dollar's weakness against the euro and other currencies overseas following the ECB move triggered the rise in the local unit, traders said.
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The benchmark Sensex was trading at a record high, by surging 138.11 points, or 0.41 per cent, in opening trade today.
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