That apart, dealers said, the rupee derived its strength from strong foreign capital inflows and a higher opening in domestic equities.
Dollar's weakness against other currencies in the global market made the local unit stronger, they added.
The rupee had recovered 13 paise to close at a one-month high of 67.05 yesterday.
Meanwhile, the benchmark BSE Sensex rose 50.93 points, or 0.18 per cent, to 27,866.11 in early trade.
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