Mumbai : The rupee appreciated by 23 paise to 51.17 against the US dollar in
Besides gains in euro and other currencies against the US dollar, a higher opening in the equity market and dollar selling by exporters supported the rupee, dealers said.
The rupee had plunged by 62 paise to close at almost 11-week low of Rs 51.40/41 in Thursday’s trade against the dollar on sustained demand for the US currency from importers.