On Thursday, the rupee appreciated by 23 paise to close at 81.70 against the US dollar.
Forex traders said the American currency has retreated from its elevated levels post Federal Open Market Committee (FOMC) minutes.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.23 per cent to 105.82.
Moreover, steady crude oil price is also aiding investor sentiments.
"Brent is steady around
Brent crude futures, the global oil benchmark, advanced 0.20 per cent to USD 85.51 per barrel.
In the domestic equity market, the 30-share
Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Thursday as they purchased shares worth Rs 1,231.98 crore, according to exchange data.
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