Forex dealers said besides dollar selling by exporters, the Reserve Bank yesterday announced a slew of measures to ease liquidity, including Rs 8,000 crore bond buyback, to ensure adequate credit flow to the productive sectors of the economy, which also supported the rupee.
They said, dollar's weakness against euro overseas also helped the domestic currency.
The rupee had ended 12 paise lower at 63.25 after hitting a fresh low of 64.13 against the US dollar in the previous session.