The rupee was trading 31 paise up to 62.15 against the US dollar in early trade on Thursday at the Interbank Foreign Exchange after dollar weakened against other major overseas currencies.
The rupee had gained 14 paise to close at 62.46 against the dollar in previous session on Tuesday, supported by a better-than-expected current account deficit data.
The forex market remained closed yesterday on account of "Gandhi Jayanti".
Besides, increased dollar selling by exporters and a higher opening in the domestic equity market also supported the rupee, forex dealers said.
Meanwhile, the BSE benchmark Sensex rose by 156.43 points, or 0.80 per cent, to 19,673.58 in early trade on Thursday.
With PTI inputs
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