Mumbai: The rupee on Friday strengthened by 35 paise to 57.63 against the dollar in early trade on the Interbank Foreign Exchange market on the back of banks and exporters selling the US currency amid strong local equities.
Besides, dollar's weakness against some Asian currencies also supported the local unit, forex dealers said. The rupee had weakened by 19 paise to close at 57.98 per dollar on Thursday.
Meanwhile, the BSE benchmark Sensex on Friday rose by 195.52 points, or 1.04 per cent, to 19,022.68 in early trade.
The rupee had weakened by 19 paise to close at 57.98 per dollar on Thursday.