MUMBAI: The rupee continued to rule firm for the fourth straight day by surging further to 63.90 per dollar on persistent selling of US currency by banks and exporters in view of sustained foreign capital inflows on the back of strong equity market.
The rupee resumed higher at 63.90 against the last weekend's level of 65.24 per dollar at the Interbank Foreign Exchange Market.
Banks and exporters preferred to reduce their dollar position on expectation of more foreign capital inflows into equity market.
Meanwhile, the 30-share index ended at 19,997.10, up 727.04 points or 3.77 per cent. It touched a high of 20,012.69 and a low of 19,444.66 in trade today.
The Nifty closex at 5,896.75, up 216.35 points or 3.81 per cent. It touched a high of 5,904.85 and a low of 5,738.20 in trade today.
