The Indian rupee on Wednesday strengthened past the 64 mark against the US dollar, tracking the gains in the global equity markets.
The rupee opened at 64.16 a dollar and touched a high of 63.96, a level last seen on 10 August 2015. At 9.15am, the rupee was trading at 63.97 a dollar, up 0.40% from its Tuesday’s close of 64.28.
The rally in global markets has been sparked by a centrist victory in the first round of the French presidential election.
The benchmark Sensex index rose 0.27% or 80 points to 30,122. So far this year, it has risen 12.5%.